Embattled Chinese development company - Evergrande, has been ordered to liquidate by a Hong Kong court after an 18-month long hearing. Evergrande, which is the world’s most indebted property developer with about 300 billion dollars in liabilities, failed to convince the court that it had a viable restructuring plan.
#evergrande #hongkong #englishnews #news18
#evergrande #hongkong #englishnews #news18