Evergrande shares set to open down 3.8% amid uncertainty over debt revamp plan

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HONG KONG : Shares of China Evergrande were set to extend losses on Wednesday after sources told Reuters that some of its offshore creditors are planning to join a winding-up court petition filed against the embattled developer if it doesn't submit a new debt revamp plan by next month. Evergrande's Hong K

HONG KONG : Shares of China Evergrande were set to extend losses on Wednesday after sources told Reuters that some of its offshore creditors are

planning to join a winding-up court petition filed against the embattled developer if it doesn't submit a new debt revamp plan by next month.Source: Reuters

Source: Law Daily Report (lawdailyreport.net)

 

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