China Evergrande's Key Unit Ordered to Liquidate by HK Court

By Yahoo! Finance   |   5 days ago
China Evergrande's Key Unit Ordered to Liquidate by HK Court

A Hong Kong court has ordered the liquidation of a key offshore subsidiary of China Evergrande Group, a major win for liquidators seeking access to the defaulted builder's assets. The subsidiary owns nearly half of Evergrande Property Services Group, valued at $945 million.

Read More

Did you find this insightful?