Monday, a Hong Kong court ordered the liquidation of Evergrande- whether the court ruling will be of much help to creditors remains to be seen as the court’s jurisdiction is separated from the bulk of Evergrande’s assets located in the Mainland.
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— Smartkarma (@smartkarma) January 30, 2024
This ruling doesn’t come as a surprise to the markets, as Evergrande’s impending bankruptcy has been public knowledge for months.
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— Smartkarma (@smartkarma) January 30, 2024
In Conclusion:
"Monday, a Hong Kong court ordered the liquidation of Evergrande- whether the court ruling will be of much help to creditors remains to be seen as…" — Emil Moller
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— Smartkarma (@smartkarma) January 30, 2024
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