Hong Kong Court Orders Liquidation of China Evergrande 🏢
The world’s most indebted property developer, China Evergrande, faces liquidation after legal ruling, highlighting ongoing struggles in China’s real estate sector amid regulatory crackdowns.
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Evergrande is the world’s most indebted property developer and one of many property firms that ran into trouble when Chinese regulators cracked down on excessive borrowing in the real estate sector.
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375
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Duration
2:09
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Published
Jan 29, 2024
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