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Evergrande Stock Hit As Hong Kong Court Orders Liquidation

Shares of China Evergrande Group, the world's most indebted property developer with about $300 billion in liabilities, plunged around 21 percent on Monday's regular trading after a Hong Kong court ruled to liquidate the Chinese property major after it failed to provide a convincing restructuring plan. ....

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Evergrande Stock Hit As Hong Kong Court Orders Liquidation

Shares of China Evergrande Group, the world's most indebted property developer with about $300 billion in liabilities, plunged around 21 percent on Monday's regular trading after a Hong Kong court ruled to liquidate the Chinese property major after it failed to provide a convincing restructuring plan. ....

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