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SFC Moving Ahead With HK$1 Billion Evergrande Payout Plan (opens original article in a new tab)

TL;DR

Hong Kong's market regulator is moving forward with a HK$1 billion payout plan for minority shareholders of China Evergrande Group despite a legal challenge from the company's liquidators.

  • Hong Kong's market regulator is proceeding with a HK$1 billion payout plan for minority shareholders of China Evergrande Group
  • The regulator is ignoring a legal challenge from the company's liquidators
  • The plan aims to compensate shareholders affected by the collapse of Evergrande

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