Saturday, March 21, 2009

Surge in HK bankruptcies


Surge in HK bankruptcies
21-03-2009

There's been a surge in the number of bankruptcies. Latest government figures show that just over 1,600 firms filed for bankruptcy last month. It's the biggest monthly figure since 2004, and is more than double the figure for January. The Official Receiver's Office also issued 31 winding-up orders last month.

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