Chinese housing developer Vanke reported significant first-half losses on Friday, highlighting the ongoing crisis in the real estate sector as home sales decline in a […]
Tag: Evergrande
Evergrande’s Downfall: Hong Kong Court Orders Liquidation Amidst Global Economic Impact
A Hong Kong court has ordered the liquidation of Evergrande, China’s foremost real estate developer. Consequently, the company’s stock has plummeted by another 20%, prompting […]