Will Evergrande be granted Chapter 15 protection in NYC?

China Evergrande Group is withdrawing its applications for Chapter 15 offshore debt restructuring filed in the U.S.

https://twitter.com/WSJ/status/1772143241585909913

https://www.theage.com.au/business/banking-and-finance/money-chase-the-demise-of-china-evergrande-puts-beijing-in-an-awkward-position-20240130-p5f0z5.html

Hong Kong’s High Court finally, after the best part of two years of continuously adjourned hearings, ordered the wind-up of the group notorious for being the world’s most indebted property company, appointing provisional liquidators to begin dissolving the sprawling group after it failed, again, to come up with a restructuring plan.

📢I have extended the market since the creator is AFK and their is no update on proceedings to their filing.
📝 Creator can change anything they need if they return

@VAfc3f Can you please resolve?

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What is Manifold?

Manifold is the world's largest social prediction market.

Get accurate real-time odds on politics, tech, sports, and more.

Or create your own play-money betting market on any question you care about.

Are our predictions accurate?

Yes! Manifold is very well calibrated, with forecasts on average within 4 percentage points of the true probability. Our probabilities are created by users buying and selling shares of a market.

Why use play money?

Mana (Ṁ) is the play-money currency used to bet on Manifold. It cannot be converted to cash. All users start with Ṁ1,000 for free.

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