A court ordered the liquidation after the company failed to reach a restructuring deal with creditors. Evergrande's troubles erupted after Chinese regulators clamped down on excessive borrowing in the ...
Mergers and acquisitions (M&As) are expected to increase in the savings bank sector later this year, as some small lenders, whose financial status has been exacerbated by a real estate project fin ...
One of China's largest real estate developers faces a winding-up petition in a Hong Kong court on Monday. A liquidation of the firm could have far reaching consequences for the world's second-largest ...