China’s Property Giants Evergrande and Sunac Are Facing Winding-Up Hearings in Hong Kong Court
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9 views • 11/05/2022

https://gnews.org/articles/508632

Summary:11/03/2022 China's property giants Evergrande and Sunac are facing winding-up hearings in Hong Kong court this month. Evergrande could be forced to sell its assets to repay debts if the court approves the case. China's debt-hit real estate industry has at least $292 billions of due payments through the end of 2023.

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