Hong Kong court orders liquidation of Chinese property developer Evergrande

BrunGa

Active member
Hong Kong court orders liquidation of Chinese property developer Evergrande Debt-laden developer Evergrande has been ordered by a Hong Kong court to liquidate its assets after a failed restructuring bid, but the ruling is unlikely to have much impact in mainland China. Also in this edition: Beijing ramps up efforts to prop up battered Chinese stock markets, and the Africa Cup of Nations football tournament helps bring economic growth to Ivory Coast.
 
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