#evergrandechairman

A Hong Kong court has ordered the liquidation of China Evergrande group, the world's most indebted developer with over $300 billion in liabilities. The liquidation of Evergrande, with $240 billion in assets, is poised to send ripples through china's alread

A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed to banks and bondholders that fueled fears about China’s rising debt burd