China Evergrande unit starts legal proceedings against parent By Reuters

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<span>© Reuters. An Evergrande sign is seen near residential buildings at an Evergrande residential complex in Beijing, China September 27, 2023. REUTERS/Florence Lo/ File Photo</span><br />
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<p>(Reuters) – <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> Evergrande </span></span> Property Services said on Friday its units have started legal proceedings against parent China Evergrande (HK:) and Hengda Real Estate, among others, with the Guangzhou Intermediate People’s Court.</p>
<p>The development comes ahead of China Evergrande’s high-profile case on Monday where a judge will decide whether to liquidate the embattled Chinese property developer. </p>
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<br /><a href="https://www.investing.com/news/stock-market-news/china-evergrande-unit-starts-legal-proceedings-against-parent-3284126">Source link </a></p><p>The post <a href="https://forextraderhub.com/china-evergrande-unit-starts-legal-proceedings-against-parent-by-reuters.html">China Evergrande unit starts legal proceedings against parent By Reuters</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>