Credit: kritsapong_j/AdobeStock Mayer Brown, JunHe Represent Dexin China in Yet Another Property Company Liquidation
The High Court of Hong Kong ordered Dexin to be wound up over its failure to repay more than $300 million to creditors.
June 13, 2024 at 05:05 AM
2 minute read
Dexin China Holdings, a medium-sized property developer based in Zhejiang province, on Tuesday became the latest Chinese developer to face liquidation after it received a winding-up order from Hong Kong's High Court over its failure to repay the money it owed its creditors.
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