Hong Kong court to hear winding-up petition against Evergrande

Hong Kong court to hear winding-up petition against Evergrande

FILE PHOTO: The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song/File Photo

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China Evergrande Group’s fate will be tested on Monday as Hong Kong’s High Court hears a winding-up petition against the embattled property developer, nearly two years after it defaulted on its debts.

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