Investor files liquidation petition in China against Evergrande unit
HONG KONG: An investor has filed a petition to a court in China to liquidate a major unit of the heavily indebted property developer China Evergrande, according to a stock filing by the petitioner on Wednesday. The investor – Vanward, a Shenzhen-listed electric appliance manufacturer – cited a dispute with the Evergrande unit Guangzhou Kailong … Read more
