Hong Kong Court Adjourns Winding Up Hearing for China Evergrande Group

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Hong Kong,China Evergrande Group,Property Developer

A Hong Kong court has postponed a winding up hearing for property developer China Evergrande Group until December 4. Evergrande, the world's most heavily indebted real estate developer, has been in crisis since defaulting on its debt obligations two years ago.

HONG KONG — A Hong Kong court on Monday adjourned a winding up hearing for property developer China Evergrande Group’s until Dec. 4.

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Evergrande Faces Make-or-Break Moment in Winding-Up HearingEvergrande, a Chinese real estate company, is facing a crucial moment in its winding-up hearing. The outcome of the hearing will determine the future of the company and its impact on the global economy.
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