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Crisis-Hit Evergrande, Owing Over $300 Billion, Heads To Liquidation

China Evergrande Group received a liquidation order from a Hong Kong court, setting off what's likely to be a daunting process to carve up one of the biggest victims of a years-long and nationwide property debt crisis. ....

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Property shares in Hong Kong jump after China cuts key mortgage rate

The central bank's move comes as concerns grow about a slowdown in the world's second largest economy. ....

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