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Court orders China Evergrande property developer to liquidate after it failed to reach debt deal | iNFOnews

HONG KONG (AP) 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 burden.

Court Orders China Evergrande to Liquidate with $300bn Debts

A court in Hong Kong ordered the liquidation of property giant China Evergrande Group on Monday. The move, which has been a long time coming, given repeated…

Evergrande Liquidation s Snowball Effect : What s Next For China s Troubled Real Estate Sector? - Alibaba Gr Holding (NYSE:BABA), Baidu (NASDAQ:BIDU)

Adding to China s economic troubles, property giant Evergrande is ordered to liquidate

Adding to China s economic troubles, property giant Evergrande is ordered to liquidate
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World s most indebted developer ordered to liquidate

World s most indebted developer ordered to liquidate
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