Hong Kong court has issued an order for the liquidation of Evergrande Group, a financially troubled Chinese real estate giant, Invest-Gate reports.
The giant Chinese real estate company Evergrande Group is once again facing the risk of liquidation amid the ongoing crisis in the Chinese real estate sector, Invest-Gate reports.
According to Sheng Songcheng, a former director of the People's Bank of China's statistics and analysis department, China's property market may continue to experience a downturn for another two years before stabil ...
Bank of America predicts that the contraction in China's real estate sector will persist for several years, Invest-Gate reports.
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