China Evergrande ordered to liquidate by Hong Kong court – Times of India
[ad_1] China Evergrande Group was ordered to be liquidated by a Hong Kong court, a stunning legal coda for the world’s most-indebted property developer.A wind-up could end up in management being replaced and addressing some issues, Judge Linda Chan said in the city’s High Court on Monday morning.The ruling on Monday cements the homebuilder, carrying…