Property News · July 20, 2023

How Hui Ka-yan is saving his China Evergrande property empire from sinking under US$340 billion in liabilities


Founder Hui Ka-yan is seeking to reorganise US$20 billion of its defaulted debt, the first step in reviving his property flagship. Here’s how the plan will unfold, and what analysts are saying about the debt workout.

Source : South China Morning Post
Read more…How Hui Ka-yan is saving his China Evergrande property empire from sinking under US0 billion in liabilities