Evergrande's Offshore Unit Halted
This is a Hong Kong news story, published by Yahoo Finance, that relates primarily to China Evergrande news.
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offshore debtReuters
•China Evergrande's unit receives liquidation order from Hong Kong court
79% Informative
China Evergrande said a court in Hong Kong had ordered one of its key offshore units to be wound up.
The liquidators had filed a winding-up petition against company subsidiary CEG Holdings BVI in September .
The property company defaulted in 2021 and triggered China 's real estate market crisis.
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