Evergrande, China's biggest real-estate developer, is being liquidated. It has assets worth about $245 billion, but owes about $300 billion.

A Hong Kong court ordered the liquidation of China Evergrande, the world’s most indebted property developer.

Evergrande has assets of about $245 billion, but owes about $300 billion.

Its demise is a “controlled collapse,” but still raises systemic risk and will hurt investors, says an analyst.

  • Jax@sh.itjust.worksEnglish
    44·
    2 年前

    So you’re in the corner of the working class, and playing the tiniest violin at their suffering?

    Are you sure you just an awful person, or do you not read?