China Evergrande Winding-Up Hearing Adjourned to Dec. 4

China Evergrande has been given another chance to restructure its billions of dollars in debt as a court adjourned a hearing to wind up the company.

The heavily indebted Chinese property developer said that a Hong Kong High Court had moved the hearing, scheduled on Monday, to Dec. 4.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Source link