HONG KONG -- China Evergrande's creditors have sold off a plot of land in Hong Kong where the debt-swamped property developer had planned to build a Versailles Palace-like mansion.
Creditors are seizing assets of the troubled Chinese property developer
The China Evergrande Centre in Hong Kong has been put up for sale to help settle the developer's huge debts. © Reuters
HONG KONG -- China Evergrande's creditors have sold off a plot of land in Hong Kong where the debt-swamped property developer had planned to build a Versailles Palace-like mansion.