Evergrande has informed the Hong Kong Stock Exchange that it intends to delay a restructuring meeting because things are not going as planned. Shares of Chinese real estate company Evergrande Group fell up to 22% on Monday after the firm announced it would delay a debt restructuring meeting due today. According to data from MarketWatch, Evergrande shares are trading at HK$0.430, a 21.82% drop from its previous close at HK$0.550. In March, Evergrande announced plans for debt restructuring...
Read More »China’s Evergrande Group Files for Bankruptcy Protection in the US
CoinspeakerChina’s Evergrande Group Files for Bankruptcy Protection in the US Evergrande's affiliate Tianji Holdings and the company's subsidiary Scenery Journey have also filed for Chapter 15 protection in the US court. China’s Evergrande Group Files for Bankruptcy Protection in the US
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