China Evergrande to delist, estimates debt at $45B

2 hours ago 1
entrance of China Evergrande Center

LewisTsePuiLung

China Evergrande (OTC:EGRNF), the property developer that exemplified the Chinese real estate crisis, will delist its stock as the company's liquidators now estimate its debt at $45B and see no clear path for a "holistic restructuring," the liquidators said in a filing on

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