Evergrande's liquidation: 5 things to know about what comes next
HONG KONG -- A Hong Kong court order to wind up developer China Evergrande Group sets in motion a complex, multiyear process that will test China's faltering…
Source: biztoc.com
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Evergrande collapse casts long shadow on China's troubled property market — Radio Free Asia
Failing to find an alternative growth driver, Beijing relaxes financing for real estate projects.
Source: rfa.org
China Evergrande Ordered to Liquidate in Landmark Moment for Crisis-hit Sector
A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group, dealing a fresh blow to confidence in the country's fragile property market as policymakers step up efforts to contain a deepening crisis. Justice Linda Chan decided to liquidate the world's most indebted developer, with more than $300 billion of total liabilities, after noting Evergrande had been unable to offer a concrete restructuring plan more than two years after defaulting on its offshore debt and following several court hearings, Reuters reported.
Source: aawsat.com
Reactions: China Evergrande ordered to liquidate by Hong Kong court
Trading was halted in shares of China Evergrande, China Evergrande New Energy Vehicle Group and Evergrande Property Services.
Source: moneycontrol.com
HONG KONG -- A Hong Kong court order to wind up developer China Evergrande Group sets in motion a complex, multiyear process that will test China's fa
Source: nikkei.com