China Evergrande Group (HK:3333) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
China Evergrande Group, currently in liquidation, announced the Guangzhou Intermediate People’s Court’s acceptance of a bankruptcy liquidation application for its subsidiary, Guangzhou Kailong. Creditors are advised to declare their claims ahead of the first creditors meeting scheduled for November 14, 2024. Meanwhile, trading of the company’s shares remains suspended indefinitely, prompting a cautionary note to shareholders and potential investors.
For further insights into HK:3333 stock, check out TipRanks’ Stock Analysis page.
