(Yicai Global) Nov. 26 — Bankrupt Brilliance Auto Group’s headquarters in Shenyang, northeastern Liaoning province are a hive of activity as creditors line up to claw back funds, a visiting reporter from Yicai Global said.
China Merchants Securities, Hana Bank, Huaxia Bank, Harbin Bank and Shengjing Bank had all signed into the building within a period of one hour on Nov. 24, a few days after the carmaker was declared bankrupt, the reporter said. There were many vehicles parked outside, including police cars, he added.
“It might have already gone in liquidation,” an employee at a subsidiary firm told the reporter.
“We have visited Brilliance Auto and have been informed of the current state of affairs,” a member of the credit…