Evergrande collapse: Hong Kong court orders liquidation of China property giant

Evergrande collapse: Hong Kong court orders liquidation of China property giant

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Embattled Chinese development company, Evergrande, has been ordered to liquidate by a Hong Kong court after an 18-month long hearing. Evergrande, which holds the ignominious title of the world’s most indebted property developer with about $300bn in liabilities, failed to convince the court that it…

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