Chinese developers under more pressure after Evergrande’s liquidation

After a damning Hong Kong court verdict, Chinese developers to face higher financing costs, and the move could set a precedent for future liquidations.

More liquidations of Chinese developers are expected after the liquidation of China Evergrande Group in Hong Kong's High Court. The liquidation of the world’s most indebted property developer has set a benchmark for future liquidations and will raise the cost of offshore financing by Chinese developers, according to market experts. 

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