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Monday, February 23, 2026

Evergrande posts losses of $81 billion over two years as it reports long-delayed results

Hong Kong CNN — Evergrande Group, the world’s most indebted property developer, has posted long-delayed financial results as a key part of its debt restructuring, which is shaping up to be one of the largest in Chinese corporate history. The company reported losses attributable to shareholders of 476 …

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