Hong Kong court orders Chinese property developer Evergrande to liquidate
A Hong Kong court on Monday ordered the liquidation of property company China Evergrande Group, a move likely to send ripples through China’s crumbling financial markets as policy-makers scramble to contain the deepening crisis. Evergrande, the world’s most indebted developer with more than $300 billion US in total liabilities, sent a struggling property sector into a … Read more
