By Doug Young & Rene Vanguestaine

China builds a low Earth orbit satellite constellation to rival Elon Musk’s Star Link. And Evergrande faces a potential “Lehman moment” as it fails to negotiate new terms for its massive debt with key creditors ahead of a key court date.

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China Inc by Bamboo Works discusses the latest developments on Chinese companies listed in Hong Kong and the United States to drive informed decision-making for investors and others interested in this dynamic group of companies.

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BRIEF: Neta parent Hozon starts bankruptcy restructuring

Hozon New Energy, has officially entered bankruptcy restructuring, reflecting troubles at its struggling Neta Auto electric vehicle (EV) brand. On June 13, the National Enterprise Bankruptcy Information Disclosure Platform revealed…