China Evergrande Group creditors are set to recover just a fraction of the billions of dollars worth of the builder’s debt they hold, with most of its assets likely hard to access for liquidators.
Stocks resume decline, taking the local market to its worst January since 2016. A significant portion of Goldman clients say the market remains ‘uninvestable’. Evergrande units rebound.
Evergrande s offshore units swing after Hong Kong court s liquidation order thenationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationalnews.com Daily Mail and Mail on Sunday newspapers.
Evergrande New Energy Unit Shares Fall as Trading Resumes yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.