On August 11 this year, the Hong Kong High Court ordered the liquidation of Shenzhen’s China South City Holdings. By asset size, this is the largest liquidation of a Chinese real estate company since Evergrande. Notably, three years ago, Shenzhen SEZ Construction And Development Group became the largest shareholder, but still couldn’t prevent China South City’s bankruptcy.
Join this channel to get access to perks:
https://www.youtube.com/channel/UCT2kPBcD6tXn8TP_aV7BmgA/join
#chinaobserver
All rights reserved.
⭐You can support us at: https://donorbox.org/china-observer-supporting-independent-news
⭐For business cooperation, please contact us: business@chinaobserver.co