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China real estate giant Evergrande ordered to liquidate

A Hong Kong court orders Chinese real estate giant Evergrande to undergo liquidation following a failed effort to restructure $300 billion in debt.

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Hong Kong court orders China s Evergrande, which owes $300 billion, to liquidate

Hong Kong court orders China s Evergrande, which owes $300 billion, to liquidate
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Hong Kong Court Tells China s Evergrande Group to Liquidate as Restructuring Deal Collapses

Judge Linda Chan said it was appropriate for the court to order Evergrande to wind up its business given a "lack of progress on the part of the company putting forward a viable restructuring proposal" as well as Evergrande's insolvency.

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Hong Kong court orders property firm China Evergrande to liquidate after plan for $300B debt fails - The Daily Reporter

Hong Kong court orders property firm China Evergrande to liquidate after plan for $300B debt fails - The Daily Reporter
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Hong Kong court orders China Evergrande to liquidate after plan for $300B debt fails | Kanis Leung & Zen Soo

HONG KONG 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. China Evergrande Group is one of the biggest of a…

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