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Nomura Aims to Nearly Double Profit Over 7 Years With Focus on Wealth Management

China Evergrande ordered to liquidate, owing $300 billion

A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group, a move likely to send ripples through China's crumbling financial markets as policymakers scramble to contain a deepening crisis. The decision to liquidate the world's most indebted developer with more than $300 billion of total liabilities was made by Hong Kong Justice Linda Chan, who noted Evergrande had been unable to offer a concrete restructuring plan despite months of delays. Chan will deliver her reasons for granting the liquidation at 2:30 pm (0630 GMT).

China's Evergrande Company Is More Than A Housing Developer - Have Big Stake In Failing Electric Car Business Told To Liquidate

HONG KONG, Jan 29, 2024; Reuters reported that a Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group fresh blow to confidence in the country's fragile property market as policymakers step up efforts to contain a deepening crisis. Justice Linda Chan decided to liquidate the world's most indebted developer, with more than $300 billion of total liabilities, after noting Evergrande had been unable to offer a concrete restructuring plan more than two years after defaulting on its offshore debt and following several court hearings.

Data Storage of Tomorrow - Supramolecular memristors based on bistable [2]catenanes

In these times of big data and artificial intelligence, the usual data storage media are not sufficient. The next generation of data storage must meet the demand for high-density storage and energ .

Exploring the data storage of tomorrow: Supramolecular memristors based on bistable [2]catenanes