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(Bloomberg) -- Veteran investor Nelson Tanure is betting that Light SA, a Brazilian utility that filed for bankruptcy protection, will generate big gains for its shareholders even as bondholders expect to lose around half their money. Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy Chips‘FOMO Rally’ Hits a Wall as Stock Fatigue Kicks In: M

China Evergrande Group, the world's most indebted property developer, has revealed a combined two-year loss of $81 billion Read Full Article at RT.com

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Real estate developer China Evergrande Group has been struggling to complete projects and repay its many suppliers and creditors

China Evergrande Group , the world's most indebted property developer, posted a net loss of 105.9 billion yuan in 2022, while its total liabilities increased to 2.4 trillion yuan , it...