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China Evergrande: attempts to auction onshore affiliate Fengtao's assets fail for a third time in 3 weeks

Published: February 2, 2024

No bids were received for Fengtao’s ‘other account receivables’ at the end of the 24-hour deadline on Friday morning, according to auction platform Jingdong Paimai.

Source: scmp.com

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Hong KongJingdong PaimaiAlvarez MarsalHong Kong High CourtChina EvergrandeMainland Hong Kong Cooperation MechanismProperty CrisisChina PropertyFfshore Creditor