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Evergrande’s debt woes ripples the markets; HK police move closer to mainland-style ‘stability maintenance’

     SinoInsight  1      On July 13, the Intermediate People’s Court of Wuxi City, Jiangsu Province approved the Yixing branch of China Guangfa Bank’s request to freeze 132 million yuan (about $20.4 million) held by China Evergrande Group and its unit Yixing Hengyu Real Estate Co Ltd. According to mainland media reports, the 132 million …

Read moreEvergrande’s debt woes ripples the markets; HK police move closer to mainland-style ‘stability maintenance’

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