China Evergrande Group, the large property developer whose default two years in the past fueled a disaster within the nation’s real-estate market, acquired some surprising excellent news on Monday.
The corporate, as soon as China’s largest property developer by gross sales, was given till late January 2024 to succeed in a debt restructuring deal, after Hong Kong’s Excessive Court docket postponed a listening to that might have pushed Evergrande into liquidation.
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