Hong Kong court to decide on China Evergrande's debt restructuring plan in Sept

Hong Kong court to decide on China Evergrande's debt restructuring plan in Sept

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

A Hong Kong court on Monday said it will hold sanction hearings on Sept. 5-6 to decide whether to approve an offshore debt restructuring plan by embattled property developer China Evergrande Group.

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