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Real estate giant China Evergrande ordered by Hong Kong court to liquidate

A government crackdown on surging debt has tipped China's property industry into crisis, making it a drag on the economy, with ripple effects on financial systems in and outside China.

China tightens stock market rules after sell-off

China tightens stock market rules after sell-off
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Court orders China Evergrande property developer to liquidate

Court orders China Evergrande property developer to liquidate
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Hong Kong court orders property firm China Evergrande to liquidate after plan for $300B debt fails

Hong Kong court orders property firm China Evergrande to liquidate after plan for $300B debt fails
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Court orders China Evergrande property developer to liquidate

The liquidation order is likely to impact China’s financial system, even as authorities try to prevent a selloff in the Chinese stock market.

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