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Court gives Evergrande one last chance to agree debt deal

2023-10-30 12:23
A judge said the company faces being wound up if it does not come up with a plan by 4 December.
Court gives Evergrande one last chance to agree debt deal

A Hong Kong High Court judge has given crisis-hit Chinese property giant Evergrande one last chance to come up with a new deal over its huge debts or face liquidation.

A winding-up hearing, initially scheduled for Monday, was adjourned to 4 December.

Justice Linda Chan said it would be the...