28-08-2023, 12:45 AM
China developer Evergrande posts losses for first half of the year
28-08-2023, 07:18 AM
The losses have narrowed from 66B to 33B which is a 50% improvement but it will be hard for them to stay above water. Evergrande, as well as an affiliate Tianji Holdings, filed for Chapter 15 bankruptcy protection in a New York court 2 weeks ago.
https://www.aljazeera.com/economy/2023/8...20Thursday.
https://www.aljazeera.com/economy/2023/8...20Thursday.
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