China developer Evergrande posts losses for first half of the year
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https://www.channelnewsasia.com/business...ar-3727956
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#2

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.
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