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The key points
- A boulder worth 300 billion
- The effect of Covid
- The bond in the balance
New disturbing blackout for Evergrande. The Chinese real estate giant announced in a notice to the Hong Kong Stock Exchange that it will miss the end-of-month deadline on the release of annual financial statements due to “complications with the revision of its accounting books”.
A boulder worth 300 billion
It is not a detail. For the group that ended up at the center of the financial storm in recent months, the appointment at the end of March was expected by investors as a moment of truth, an opportunity to get a more up-to-date picture …