10 months, 3 weeks ago
China Evergrande is ordered to liquidate, with over $300 billion in debt. Here’s what that means
Associated PressA court in Hong Kong on Monday ordered China Evergrande to be liquidated in a decision that marks a milestone in China’s efforts to resolve a crisis in its property industry that has rattled financial markets and dragged on the entire economy. Evergrande, founded in the mid-1990s by Hui Ka Yan, it is the world’s most deeply indebted developer with more than $300 billion in liabilities and $240 billion in assets. Hong Kong High Court Judge Linda Chan ordered the company to be liquidated because it is insolvent and unable to repay its debts. Much depends on the extent that courts and other authorities in the communist-ruled Chinese mainland respect the Hong Kong court’s decision.
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History of this topic
4 months, 2 weeks ago
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1 year, 2 months ago
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1 year, 3 months ago
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1 year, 3 months ago
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1 year, 4 months ago
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1 year, 9 months ago
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2 years, 4 months ago
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2 years, 9 months ago
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2 years, 9 months ago
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2 years, 9 months ago
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2 years, 11 months ago
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2 years, 11 months ago
China Evergrande reports progress completing homes
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3 years ago
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3 years ago
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3 years ago
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Al Jazeera
3 years ago
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3 years, 1 month ago
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CNN
3 years, 1 month ago
Evergrande has reportedly made good on another payment, averting default once again
CNN
3 years, 1 month ago
As Evergrande fears linger, Beijing says it’s time for companies to pay their offshore debts
CNN
3 years, 1 month ago
Evergrande shares plunge as Chinese property developer faces another debt deadline
The Independent
3 years, 1 month ago
China’s real estate crisis: Evergrande and these developers are already in trouble
CNN
3 years, 1 month ago
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3 years, 2 months ago
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3 years, 2 months ago
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