Questions Swirl Over Evergande Liquidatation
Posted on 02/01/2024
Liquidators are now legally in control of China Evergrande in Hong Kong. Questions remain about the mainland China operation. Evergrande was a property giant with 12,000 employees and 1,300 property developments. Evergrande is attempting to maintain business operations, because it has many unfinished apartments. It collected revenue of US$ 4.7 billion in H1 2023. The…
