29 Jan What does Evergrande’s liquidation order mean for China’s property sector? Why is the market cheering?
Posted at 22:00h
in Asia
The winding-up order to the Guangzhou-based developer, however, still faces cross-jurisdictional challenges as most of the company’s assets are located in mainland China.Escalators are seen in an abandoned Evergrande commercial complex in Beijing on January 29, 2024. A Hong Kong court on January 29 ordered...
