Talks between the company and its top creditors kicked off last week over a new plan that would have allowed the company to continue its operations, according to the report.
(Reporting by Nilutpal Timsina in Bengaluru)
Delayed
Other stock markets
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5-day change | 1st Jan Change | ||
0.163 HKD | -20.87% | -.--% | -30.64% |
05-17 | INSTANT VIEW-China to let local governments buy homes, cut mortgage rates to revive property sector | RE |
05-14 | China's property 'whitelist' lifeline stutters amid sector gloom | RE |
(Reuters) - Chinese property developer Evergrande faces imminent liquidation after its overseas creditors failed to reach an 11th-hour deal this weekend to restructure the sprawling real-estate company, the Wall Street Journal reported on Sunday, citing people familiar with the matter.
Talks between the company and its top creditors kicked off last week over a new plan that would have allowed the company to continue its operations, according to the report.
(Reporting by Nilutpal Timsina in Bengaluru)
Price
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Change
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5d. change
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Capi.
| ||
---|---|---|---|---|---|
2,768 PTS | +0.05% | +0.06% | - | ||
0.163 HKD | -20.87% | -.--% | 275M | ||
1st Jan change | Capi. | |
---|---|---|
-30.64% | 275M | |
-1.93% | 24.63B | |
-15.20% | 13.74B | |
+12.16% | 11.3B | |
-25.06% | 7.67B | |
-7.87% | 6.8B | |
+1.01% | 6.57B | |
+1.59% | 6.42B | |
+0.02% | 3.73B | |
+42.08% | 3.52B |