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BBCNEWS Asia July 5, 2024

its outstanding debt. of course, evergrande has more than $300 billion worth of liabilities, reportedly, and it has been trying to come up with this restructuring plan and the judge has been postponing the decision up until now. whether or not this process will be followed remains to be seen because i have been speaking to a pot of expert to say that despite the one country to system slogan there are some thorny jurisdiction system slogan there are some thornyjurisdiction issues. so, even though, if this report is concerned, the liquidator will be appointed by a hong kong court, whether or not beijing would then recognise those liquidators remains to be seen. having said that, the ruling is confirmed is really significant and it will send a shockwave through china s financial markets because for many decades the real estate sector has been a main driver of china s economic growth and also there have been many other developers which have been defaulting just like evergra ....

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BBCNEWS Asia July 5, 2024

liquidation of the company. it basically means its assets will be seized, sold off, in order to repay some of its outstanding debt. in terms of the company public day to day operation including building homes in mainland china, it will probably stay the same for now. this ruling doesn t send a through the chinese financial market because of course for many decades a real the real estate sector has been one of the major drivers for china s economy growth. whether or not this liquidation process will be followed remains to be seen because despite the one country, two systems slogan, many experts that i ve spoken to have said that there are some thornyjurisdiction issues some thornyjurisdiction issues so whether or not the liquidation there liquidator that will be appointed by hong kong court, whether or not that person will be recognised by mainland china remains to be seen. of course a lot of ordinary chinese citizens have been, have invested in evergrande, haven t ha ....

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BBCNEWS World July 3, 2024

Key players in the Energy Sector are meeting in abu dhabi for the International Petroleum exhibition and conference. The focus this year is on ways the industry can accelerate the transition to clean energy, without causing chaos in energy supply. We supply. See demand this year growing at we see demand this year growing at 2. 4 Million Barrels a day year on year growth, next year we see demand continue to grow at about north of 2 Million Barrels a day. All subject to some of the uncertainties in the global markets, we were expecting earlier on in the year a bit faster growth for china, it has slowed down compared to what we were expecting, nevertheless still feel quite optimistic with the Global Economy< ....

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Evergrande trading: Trading halts for Evergrande on Hong Kong stock exchange

"Trading in the shares of. Evergrande Property Services Group Limited has been halted at 10:19 a.m today," the city s stock exchange said. It also halted trading in its electric vehicle subsidiary at the same time. ....

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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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