China Evergrande Group sought Chapter 15 bankruptcy protection in New York on Thursday, a move that protects its US assets from creditors while it works on a restructuring deal elsewhere.
  • ChivesAEnglish
    1·
    1 year ago

    A youtuber I follow, Plain Bagel, just dropped this video about this filing and figured I’d share here for those looking for some further information. He’s a traditional finance analyst and a realist, not GME or DRS associated.

    https://www.youtube.com/watch?v=c-n6RN8a2Zo