{"id":172412,"date":"2026-08-21T13:21:11","date_gmt":"2026-08-21T06:21:11","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-court-accepts-evergrande-liquidation-petition-1-day-after-founders-life-sentence\/"},"modified":"2026-08-21T16:19:39","modified_gmt":"2026-08-21T09:19:39","slug":"chinese-court-accepts-evergrande-liquidation-petition-1-day-after-founders-life-sentence","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-court-accepts-evergrande-liquidation-petition-1-day-after-founders-life-sentence\/","title":{"rendered":"Chinese court accepts Evergrande liquidation petition 1 day after founder\u2019s life sentence"},"content":{"rendered":"<p>&#013;<br \/>\nA court in southern China\u2019s Guangdong province formally accepted a bankruptcy liquidation petition against China Evergrande Group\u2019s main onshore unit, closing the final chapter in the unravelling of what was once the country\u2019s largest property developer.<br \/>\nThe Guangzhou Intermediate People\u2019s Court said on Friday that Guangzhou Rural Commercial Bank\u2019s Huaxia branch met the legal criteria under the nation\u2019s Enterprise Bankruptcy Law to force the Evergrande unit, Hengda Real Estate, into liquidation,&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3364786\/chinese-court-accepts-evergrande-liquidation-petition-1-day-after-founders-life-sentence?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Chinese court accepts Evergrande liquidation petition 1 day after founder\u2019s life sentence<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; A court in southern China\u2019s Guangdong province formally accepted a bankruptcy liquidation petition against China&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-172412","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-IQQ","jetpack-related-posts":[{"id":127412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-embattled-developer-could-face-liquidation-as-creditor-files-winding-up-petition-in-hong-kong\/","url_meta":{"origin":172412,"position":0},"title":"Evergrande crisis: embattled developer could face liquidation as creditor files winding-up petition in Hong Kong","date":"June 28, 2022","format":false,"excerpt":"\r The embattled developer received a winding-up petition from a creditor reportedly owned by a member of Hong Kong\u2019s leadership election committee, for failing to pay US$109.91 million.\r \r Source : South China Morning Post\r Read more...Evergrande crisis: embattled developer could face liquidation as creditor files winding-up petition in Hong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140545,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-creditor-group-backs-the-chinese-developers-efforts-to-keep-onshore-unit-operational-opposes-bankruptcy-process\/","url_meta":{"origin":172412,"position":1},"title":"Evergrande creditor group backs the Chinese developer\u2019s efforts to keep onshore unit operational, opposes bankruptcy process","date":"December 1, 2023","format":false,"excerpt":"\r An ad hoc group of creditors of Evergrande\u2019s offshore unit has said it supports the management\u2019s efforts to keep the embattled Chinese developer operational, ahead of a key court decision on Monday when the distressed developer faces the risk of a liquidation order\r \r Source : South China Morning\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145037,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-founders-blacks-link-mansion-finds-a-buyer-after-a-year-long-fire-sale\/","url_meta":{"origin":172412,"position":2},"title":"Evergrande founder\u2019s Black\u2019s Link mansion finds a buyer after a year-long fire sale","date":"June 12, 2024","format":false,"excerpt":"\r The sale showed that liquidators and receivers are making progress in unravelling the web of debt owed by Evergrande and its founder Hui Ka-yan after the developer\u2019s liquidation in January.\r \r Source : South China Morning Post\r Read more...Evergrande founder\u2019s Black\u2019s Link mansion finds a buyer after a year-long\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142149,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-liquidation-thin-payout-likely-for-offshore-creditors-as-legal-drama-plays-out-sp-says\/","url_meta":{"origin":172412,"position":3},"title":"China Evergrande liquidation: \u2018thin payout\u2019 likely for offshore creditors as legal drama plays out, S&amp;P says","date":"January 31, 2024","format":false,"excerpt":"\r The liquidation order could be difficult to implement as most of Evergrande\u2019s assets are not in the three mainland Chinese cities covered under a cross-border scheme, according to S&P Global Ratings.\r \r Source : South China Morning Post\r Read more...China Evergrande liquidation: \u2018thin payout\u2019 likely for offshore creditors as\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":158341,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-nears-delisting-as-18-month-suspension-deadline-expires\/","url_meta":{"origin":172412,"position":4},"title":"China Evergrande nears delisting as 18-month suspension deadline expires","date":"July 29, 2025","format":false,"excerpt":"\r China Evergrande Group is edging closer to delisting from the Hong Kong stock exchange, as the trading suspension imposed following its court-ordered liquidation hit the 18-month mark. The company\u2019s shares have been suspended from trading since January 29, 2024 \u2013 the same day a Hong Kong court ordered its\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146721,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bankruptcy-proceeding-against-evergrande-unit-to-proceed-liquidators-say\/","url_meta":{"origin":172412,"position":5},"title":"Bankruptcy proceeding against Evergrande unit to proceed, liquidators say","date":"August 19, 2024","format":false,"excerpt":"\r Bankruptcy filing against Kailong Real Estate was accepted by a Guangzhou court, according to a statement to the Hong Kong stock exchange.\r \r Source : South China Morning Post\r Read more...Bankruptcy proceeding against Evergrande unit to proceed, liquidators say","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172412"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=172412"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172412\/revisions"}],"predecessor-version":[{"id":172413,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172412\/revisions\/172413"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}