The recent shutdown of Silicon Valley Bank (SVB) by regulators marks the largest bank failure in the United States since 2008. Several Chinese Hong Kong-listed companies have sought to reassure investors by stating that their cash deposits in SVB were not significant.
In response to bankruptcy rumors circulating in the market recently, Gome, a Chinese home appliance enterprise, issued a statement on the evening of December 1 saying that the company and other subsidiaries of Gome Holding Group had not received any legal documents or inquiries related to bankruptcy.
Beijing Borgward, once billed as a rival to BMW, Mercedes-Benz and Audi, officially declared bankruptcy on November 29. The announcement explained that it was drained to pay off its debts but its current assets are not enough to settle the balances.
Suning.com and its logistics subsidiary became involved in a bankruptcy review case on November 21, triggering rumors about the e-commerce platform that has been struggling with a persistent debt crisis. This report was later officially denied by the company.
The bankruptcy of GAC-FCA, a joint venture established by Netherlands-based automaker Stellantis and China's GAC Group, in late October triggered a dealers' rights protection campaign.
Employee whistleblowers at California-based electric vehicle maker Faraday Future have claimed that four "unqualified" directors are plotting to force the company into bankruptcy, according to a petition Pandaily received from a firm shareholder.
All product information on the app of Missfresh, a Nasdaq-listed Chinese retailer, has been emptied out by the firm, and many user balances now display '0'.
Noong ika-25 ng Agosto, ang Shanghai Saiku E-Commerce Co, Ltd, isang kaakibat ng marangyang platform ng e-commerce na Saiku, ay nagdagdag ng pagsusuri sa pagkalugi.
Pada 25 Agustus, Shanghai Saicool E-Commerce Co., Ltd., anak perusahaan dari platform e-commerce mewah Saicool, menambahkan kasus peninjauan kebangkrutan.
25 अगस्त, शाङ्घाई 赛 कूल ई-वाणिज्य कं, लिमिटेड, लक्जरी ई-वाणिज्य प्लेटफर्म प्लेटफर्ममा ठुलो स्वामित्वमा रहेको एक सहायक कम्पनी दिवालियापन समीक्षा मामला थपियो।
