• 09/20/2024

Hong Kong Builder Yuzhou Files for Bankruptcy in U.S.

Wall Street Journal

Hong Kong real-estate developer Yuzhou Group has filed for bankruptcy in the U.S, becoming the latest casualty of tightened financing conditions and an economic downturn in China.

https://www.wsj.com/articles/hong-kong-builder-yuzhou-files-for-bankruptcy-in-u-s-ce6d21ae