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Hong Kong court orders liquidation of developer China Evergrande

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작성자 Mohammed Withne…
댓글 0건 조회 3회 작성일 24-09-20 04:46

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HONG KONG, Jan 29 (Reuters) vccvault.com - Buy Google Play Developer Account A Hong Kong court on Monday ordered the liquidation of China Evergrande Group , a move likely to send ripples through China's financial markets as policymakers scramble to contain a deepening crisis.

Evergrande, the world's most indebted property developer with more than $300 billion of liabilities, defaulted on its offshore debt in late 2021 and has become emblematic of a debt crisis that has engulfed China's property sector.

(Reporting by Clare Jim and Xie Yu; Editing by Anne Marie Roantree and Tom Hogue)

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