2024-01-29 | Industry Dynamics
Hong Kong Court Orders Liquidation Of Evergrande Group
Today’s News On Monday, a Hong Kong court has issued an order for the liquidation of China Evergrande Group, a decision poised to reverberate through the already fragile financial markets in China. Evergrande, recognized as the world’s most indebted developer with a staggering total liability surpassing USD 300 billion, significantly disrupted the struggling property sector […]