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Evergrande Ordered To Liquidate So What s Next For The World s Most-Indebted Developer And Its Founder?

A Hong Kong court on Monday ordered Evergrande to be wound up after more than two years since defaulting on its debts, marking another grim milestone for Hui Ka Yan, once Asia’s richest person.

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China Evergrande, Facing $300 Billion in Debt, Has Been Ordered to Liquidate

China Evergrande Group is among dozens of Chinese developers that have collapsed since 2020 under official pressure to rein in surging debt.

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Over 230 home developers filed for bankruptcy in China last year: Report

Over 230 home developers filed for bankruptcy in China last year: Report
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More than 230 home developers filed for bankruptcy in China in 2023: Report

More than 230 home developers filed for bankruptcy in China in 2023: Report
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More than 230 home developers filed for bankruptcy in China in 2023: Report

Taipei [Taiwan], January 27 (ANI): An estimated 233 home developers in China have registered for bankruptcy in 2023, Taiwan News reported citing the China Real Estate Association. The highest number of bankruptcies have been filed in China's Zhejiang province. As many as 36 cases of bankruptcy filed in Zhejiang accounted for 15.45 per cent of China's total. Hunan and Guangdong provinces were second and third respectively in China, according to a Taiwan News report. According to the report, the

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