Nigel Trayers News Today

China Evergrande Group creditors are set to recover just a fraction of the billions of dollars worth of the builder’s debt they hold, with most of its assets likely hard to access for liquidators.

The Hong Kong order may matter little in the mainland, where most of the property giant's assets are held.

Debt-laden Chinese property giant Evergrande has been ordered to liquidate by a court in Hong Kong.

The Hong Kong order may matter little in the mainland, where most of the property giant's assets are held.

The Hong Kong order may matter little in the mainland, where most of the property giant's assets are held.

The decision is likely to send ripples through China's financial markets.

Judge Linda Chan said "enough is enough" after the troubled developer repeatedly failed to come up with a plan to restructure its debts.

Debt-laden Chinese property giant Evergrande has been ordered to liquidate by a court in Hong Kong.

A hearing for China Evergrande Group in a Hong Kong insolvency court later this month will lay bare the once-unthinkable possibility of liquidating the property developer’s assets. A wind-up order from Judge Linda Chan after the October 30 hearing would wreak havoc on the struggling company that’s trying to finalize a restructuring plan to