#hongkonghighcourt

A Hong Kong court has ordered the liquidation of the world’s most indebted property developer – China Evergrande – after it failed to strike a deal with its creditors to restructure. It’s a ruling with significant legal ramifications and is likely to jolt

Chinese property developer Evergrande has been ordered to liquidate, after it failed to convince Hong Kong's high court that it is moving forward with its restructuring plan. Trading in Evergrande shares suspended in Hong Kong, after plunging 21% ahead of