BBCNEWS World July 5, 2024
like shareholdings and some other subsidiary companies, those assets are very readily accessible. the issue is that most of the company's assets are onshore in mainland china, they are land, properties — the company had 1,200 projects at different stages of development as of 2022. but those assets are going to be tricky to access. in theory, hong kong and mainland have a 2021 arrangement for resolving insolvent companies like evergrande, but in practice what needs to happen is mainland courts will need to recognise this liquidation, but they also need co—operation from local gove...
Source: archive.org