After a damning Hong Kong court verdict, Chinese developers to face higher financing costs, and the move could set a precedent for future liquidations.
Hong Kong court tells China's Evergrande property developer to LIQUIDATE with debts of $330 billion – NaturalNews.com naturalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naturalnews.com Daily Mail and Mail on Sunday newspapers.
China Evergrande Group: Evergrande, the world s most indebted developer with more than $300 billion of total liabilities, sent a struggling property sector into a tailspin when it defaulted on its debt in 2021.
China Evergrande Ordered to Liquidate, Owing $300 Billion voanews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from voanews.com Daily Mail and Mail on Sunday newspapers.