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SFC Moving Ahead With HK$1 Billion Evergrande Payout Plan

Hong Kong’s market regulator is proceeding with its plan to compensate minority shareholders of collapsed developer China Evergrande Group, brushing aside a legal challenge by the company’s liquidators.

This article was originally published by Bloomberg Markets and is republished here under license.

Hong Kong’s market regulator is proceeding with its plan to compensate minority shareholders of collapsed developer China Evergrande Group, brushing aside a legal challenge by the company’s liquidators.

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