This post was originally published on this site
Evergrande expects to firm up its debt restructuring proposals by end-February or early-March, lawyers for the developer told the court.
An investor in Evergrande’s unit, online real estate and automobile marketplace Fangchebao (FCB), filed the winding-up petition in Hong Kong in June because the developer had not honoured a pact to repurchase shares the investor bought in FCB.
