The company's
liquidation process began after it filed for bankruptcy.
公司在申请破产后开始了清算程序。
In the event of his death, his assets will be liquidated to pay off debts.
他去世后，他的资产将被清算以偿还债务。
The
liquidation of the old store was a slow and painful process.
老店的清算过程漫长且痛苦。
They decided to liquidate their inventory in preparation for the move.
他们决定清仓以备搬家。
The shareholders approved the
liquidation of the failing business.
股东们批准了这家经营不善公司的清算。
After the divorce, she had to liquidate her joint assets.
离婚后，她不得不清算共同财产。
The bank's
liquidation led to the loss of thousands of jobs.
银行的清算导致数千人失业。
The government initiated a forced
liquidation of the defunct corporation.
政府强制对这家倒闭的公司进行清算。
The
liquidation of the old factory resulted in environmental cleanup efforts.
老工厂的清算引发了环保清理工作。
The estate executor began the
liquidation of the deceased person's assets.
执行人开始清算死者遗留的财产。
If the court finally issues a winding up order, the company is declared to be in insolvent liquidation.
如果法院最终发布清盘令，公司将被宣布破产清算。
Yan Yuejin, director of the Shanghai-based E-house China Research and Development Institution, said as a result of the recent setbacks, the likelihood of Evergrande not being able to reach an offshore debt restructuring agreement with its creditors and the risk of its liquidation have increased.
总部位于上海的易居中国研究开发院院长严跃进表示，由于最近的挫折，恒大无法与债权人达成离岸债务重组协议的可能性增加，清算的风险也增加了。
The offshore debt restructuring plan of China Evergrande Group, one of China's largest private property developers, is very likely to be postponed, and the company faces an increasing risk of liquidation, industry experts said on Friday.
行业专家周五表示，中国最大的私人房地产开发商之一中国恒大集团的离岸债务重组计划很可能被推迟，该公司面临越来越大的清算风险。
BlackRock said the fund liquidation is part of "routine fund management operation" as a company regularly evaluates its products to ensure that the interests of its investors are protected.
贝莱德表示，基金清算是“常规基金管理操作”的一部分，因为公司定期评估其产品，以确保投资者的利益得到保护。
Data from the National Development and Reform Commission, China's top economic regulator, showed that nearly 2.5 million Chinese companies were shut down or forced into liquidation in the first half of this year.
中国最高经济监管机构国家发展和改革委员会的数据显示，今年上半年，近250万家中国公司被关闭或被迫清算。
The notice for creditors' procedure is currently underway and creditors can declare their claims to the liquidation team within 45 days from the date of the notice.
债权人程序通知目前正在进行中，债权人可以在通知之日起45天内向清算组申报债权。
Before the final decision is made, which may take several months or even longer, the lawsuit will not significantly affect the financial condition and operations of the company, 21st Century Business Herald reported, citing legal experts familiar with restructuring and liquidation.
据《21世纪经济报道》援引熟悉重组和清算的法律专家的话报道，在做出最终决定之前，这起诉讼可能需要几个月甚至更长的时间，不会对公司的财务状况和运营产生重大影响。
In late 2019, the e-commerce platform ceased operations and underwent liquidation.
2019年末，该电子商务平台停止运营并进行了清算。
"It is preferred to choose mergers and acquisitions rather than bankruptcy or liquidation for withdrawing excessive production capacity consuming high energy, while bringing in new investors could avoid bad debts and prevent financial risks," Wang said.
王说：“为了撤出消耗大量能源的过剩产能，人们更倾向于选择并购，而不是破产或清算，同时引入新的投资者可以避免坏账，防止金融风险。”。
HNA said a liquidation group is working on restructuring and the procedure is complicated.
HNA表示，一个清算小组正在处理重组事宜，但程序很复杂。
The company has agreed to pay the penalty, which may be offset by certain payments it makes to its security holders in connection with its provisional liquidation proceedings in the Cayman Islands.
该公司已同意支付罚款，但罚款可能被其在开曼群岛的临时清算程序中向安全持有人所做出的某些付款所抵消。
Chinese steelmaker Jingye Group has completed the buyout of British Steel, helping secure 3,200 jobs and saving the British company from liquidation.
The purchase price was not disclosed but previous media reports suggested the Chinese company would pay 50 to 70 million pounds to British Steel, which was founded in 2016 when India's Tata Steel sold it to the private equity company Greybull Capital, before it entered insolvency less than three years ago and was placed in liquidation 10 months ago.
"Thomas Cook UK Plc and associated UK entities said in a statement on its official website they have entered compulsory liquidation on Monday and are now under the control of the Official Receiver in the country, sparking chaos for thousands of its customers around the world.
In an announcement released on Monday, Thomas Cook China, in which Fosun Tourism Group holds a majority stake, said it has been informed that Thomas Cook Group has entered compulsory liquidation and it "feels sorry" for the bankruptcy.
With the constant optimization of bankruptcy procedures, the number of closed cases of bankruptcy and liquidation surged from 161 in 2018 to 1,288 in 2022, which revitalized 65 billion yuan ($9.6 billion) of assets and cleared up more than 250 billion yuan of credits and debts, Jia added.
He Ziling, head of the Haikou bankruptcy court, said that the court had handled 199 bankruptcy and liquidation cases as of May, improving the ease with which enterprises handle bankruptcy, while reducing bankruptcy costs.
Now, China has 14 bankruptcy tribunals, and judicial teams or panels specializing in liquidation and bankruptcy disputes have been established in nearly 100 courts, according to Lin Wenxue, chief judge of the top court's Second Civil Division.
Apart from expediting the liquidation of assets with limited growth potential and low operational efficiency, the government will support central SOEs to conduct in-depth integration of similar or homogeneous businesses to avoid unhealthy competition, as well as create competitive advantages to build a strong industrial chain, Weng said at a business-themed event held in Beijing on Monday.
After the stock price of Koolearn－New Oriental's online arm－increased as much as 700 percent over the past month, foreign investors began to reduce their holdings, with Morgan Stanley being close to liquidation.
He said he first had the idea when oBike went into liquidation last year.
Dan Siebers, associate director for Cult Wines in China, said that the average liquidation period of fine wines comes between eight and 12 weeks.
During the contract period, users of all three operators can only change to more expensive packages, and any termination of the contract shall be subject to liquidation damages.
Citing that the asset value managed by the fund was relatively small, BlackRock said on Thursday the fund liquidation is part of "routine fund management operation".
Due to the less satisfactory performance of the A-share market, a total of 105 mutual fund products ended up in liquidation in the first half, up 9.38 percent from a year earlier.
Mutual fund liquidation refers to the sale of all of a fund's assets and the distribution of the proceeds of fund shareholders.
Poor performance, smaller scale and management difficulties are the major reasons for mutual fund liquidation.
It is wiser to opt for liquidation under such circumstances, said Yang.
For clients taking part in margin trading but who have had to deal with lockdowns or COVID-19 treatment, securities firms should adopt more flexible solutions and avoid mandatory liquidation if possible, the guideline stated.
But the significant adjustment over the past few months, exemplified by the unsuccessful issuance of new mutual fund products, the liquidation of certain private equity products, or investors' extremely pessimistic sentiment of the past few weeks, appear to show the A-share market may have digested much of the negative impact already and is nearing the bottom, Yang said.
This was subsequently followed by the liquidation of the original shareholders' equity and unprotected creditors' rights in accordance with the law.
China Construction Bank Corp, another large State-owned commercial lender, said in a notice on Monday it has upgraded its account-based commodity trading business by adding real-time forced liquidation to the system.
Liu Guoqiang, vice-governor of the PBOC, said at a recently held meeting that regulators will push market liquidation, maintain order in the bond market and work to ensure that the bond market plays a better role in providing funding for companies.
"In choosing strategic asset allocation and investment options, attention should be paid to the risk of possible disruptive impact on credit and financial markets and of excessive liquidation or acquisition costs," the report stated.
In the one-day forum, government officials, economists, experts and entrepreneurs from China and Indonesia also shared their insights on the development of RMB transactions and liquidation prospects of RMB in Indonesia under the local currency settlement mechanism.
The newly established Shanghai court will handle company bankruptcies, compulsory liquidation cases and cross-border bankruptcy cases.
Of the 4.2 trillion yuan ($606 billion) valued A-share market cap pledged as collateral, around 800 to 900 billion yuan is near the forced liquidation line - normally a collateral coverage ratio of 140 percent - this is equivalent to 2 percent of the overall A-share market cap and 5 percent of the free float, according to UBS.
Current risks are under control as borrowers can avoid liquidation by posting more collateral, and guidance may come into play for large transactions, he said.
After FTSE Russell announced it would start the transition to include China's A shares in its global benchmarks on May 26, 2015, it turned down the application in 2017 due to the capital liquidity and liquidation problems in the A-share market.
Market-oriented measures, including asset restructuring, bankruptcy liquidation and injecting private funds, are expected to transform local government financing vehicles, which involve off-budget financing, Qiao said.
The new regulations clarified responsibilities of P2P platforms and their shareholders, stipulated conditions for orderly liquidation of failed platforms, outlined penalties for borrowers that escape their debt obligations and prohibited registration of new platforms.
Equity analysts said that the sudden market drop could be caused by investors share dumping, as they worry that the government's financial deleveraging efforts could lead to forced liquidation of some trust and asset management products.
Prices of shares in some small-cap companies are at levels last seen during the depths of the market slump in 2015, and could trigger either margin calls or liquidation.
"Some shares have fallen to near levels that could prompt margin calls or liquidation by creditors, putting a great deal of pressure on stockholders and executives," said Chen Li, a Hong Kong-based strategist focused on mainland equity markets for Credit Suisse.
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