HONG KONG -- A deadline for China Evergrande Group to meet requirements to remain listed in Hong Kong has passed, raising the prospect of a coup de grace for a once-mighty developer at the center of the country's property debt crisis.
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A view of empty shops near an unfinished residential buildings developed by China Evergrande Group in Shijiazhuang, Hebei province, China Feb.1, 2024. © Reuters
HONG KONG -- A deadline for China Evergrande Group to meet requirements to remain listed in Hong Kong has passed, raising the prospect of a coup de grace for a once-mighty developer at the center of the country's property debt crisis.