Hong Kong court orders China Evergrande to liquidate rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
International investors will be closely watching if the liquidators have any power over the enforcement of assets in China of the troubled property group.
The company says the Hong Kong ruling does not relate to its operations on the mainland but the ramifications could be tough for the authorities to ignore.
Hong Kong s High Court has granted a petition by creditors to liquidate Evergrande, one of China’s largest property developers with a record debt among global developers, Chinese media reported on Monday