A Hong Kong court ordered the liquidation of China Evergrande, the world’s most indebted property developer.

Evergrande has assets of about $245 billion, but owes about $300 billion.

Its demise is a “controlled collapse,” but still raises systemic risk and will hurt investors, says an analyst.

  • Sagifurius@lemm.ee
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    9
    ·
    9 months ago

    You know, sometimes it’s really obvious when a person is a broke ass jealous loser.

    • Rooskie91@discuss.online
      link
      fedilink
      English
      arrow-up
      0
      ·
      9 months ago

      Oh no! I’ve been discovered! 😭🥲 Please tell me how I can be cool and feel good about myself making fun of people on the internet?