Court orders China’s Evergrande to liquidate, here’s what it could mean for investors
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China’s troubled property developer Evergrande (3333.HK) faces liquidation after a Hong Kong court deemed the company incapable of delivering on its restructuring plan. Evergrande proposed a sweeping restructuring in late 2023 to avoid collapse under its massive $300 billion debt pile-up. Yahoo Finance’s Akiko Fujita breaks down the details, providing insights into how this could affect investors globally. #youtube #China #stockmarket About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or […]