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The liquidation of Evergrande has dire consequences for not only the Chinese economy but also the world. pic.twitter.com/wgpa52ZmBz
— simonthong aka kitty poo (@KittyPo80176717) January 29, 2024
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Breaking news: Evergrande, the indebted Chinese property developer, has been ordered by a Hong Kong court to be wound up https://t.co/yAbWIf6QPC pic.twitter.com/Vr5BVUQfaL
— Financial Times (@FT) January 29, 2024
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The world’s most indebted property developer has just collapsed. China’s Evergrande was so massive at one point that it had interests in EVs, theme parks, insurance, a football team, and even bottled water. pic.twitter.com/1yUDiV3EwF
— CNBC International (@CNBCi) January 29, 2024
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BREAKING:
— Visegrád 24 (@visegrad24) January 29, 2024
Hong-Kong court orders the Evergrande property developer giant to liquidate after failure to reach a debt deal for the USD 300 billion debt
Evergrande is a symbol of 🇨🇳’s real estate bubble (ghost towns) &its bankruptcy will impact financial system
Trading is stopped pic.twitter.com/ruTXaN0ZsM
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China’s largest developer headed into liquidation with ($333 billion in debt)…Evergrande’s $17 billion in USD bonds trading below a penny.:equity was halted at 16c. Total system wipeout as its CEO is also under police control. China’s so-called ‘miracle’ was just a mirage.#China pic.twitter.com/nqtJaipqjS
— 🇺🇸 Kyle Bass 🇹🇼 (@Jkylebass) January 29, 2024
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weehingthong 