Evergrande's liquidation hearing postponed to January 29th, stock price rises more than 9%
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The liquidation hearing of EVERGRANDE has been postponed to January 29th, and the stock price has risen by more than 9%. The Hong Kong High Court has approved EVERGRANDE's application to postpone the liquidation hearing to January 29th. EVERGRANDE's lawyer stated that they hope to improve the restructuring plan and will submit it within the next 5 weeks. The stock price has risen by 9.24% on this news.
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