HK Court Orders Evergrande Liquidation; Investors May Get 'Little or No Money'

01/30/2024 Sky News Australia: The images of the endless lines of apartment blocks in China that were built seemingly for its population, but ultimately, in many cases, for what was a Ponzi scheme. The Chinese property giant Evergrande has been forced into liquidation by a Hong Kong court. As a result, it will trigger a situation where many of the bondholders, big international investors, will end up with little or no money from their investment in this business.
01/30/2024 澳大利亚天空新闻：中共国高楼林立的景象，表面是为了满足人口需求，实际上很多时候却是庞氏骗局。中共国房地产巨头恒大集团被香港法院勒令强制清盘，此举将导致许多债券持有人和大型国际投资者，在恒大的投资中损失巨大或者分文都得不到。