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A Hong Kong court ordered the liquidation of China Evergrande, the world's most indebted property developer.Evergrande has assets of about $245 billion, but
Evergrande, China's biggest real-estate developer, is being liquidated. It has assets worth about $245 billion, but owes about $300 billion.
A Hong Kong court has ordered the liquidation of China Evergrande.But experts say there may be little to recover.China Evergrande — the world's most indebted
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.