• 11/11/2024

Troubled Chinese developers face unprecedented wave of liquidation suits in Hong Kong

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

A worsening macroeconomic environment is prompting offshore creditors to hasten restructuring efforts, triggering a surge in lawsuits as declining property sales erode asset values, according to industry experts.

https://www.scmp.com/business/china-business/article/3268620/troubled-chinese-developers-face-unprecedented-wave-liquidation-suits-hong-kong?utm_source=rss_feed