Debt-ridden Chinese developer Evergrande liquidated  — RT Business News

Debt-ridden Chinese developer Evergrande liquidated  — RT Business News

Source link A court ordered the procedure after the firm failed to come up with a convincing restructuring plan A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group, the world’s most indebted developer, after an 18-month long hearing. Judge Linda Chan delivered the ruling, saying “it is time for […]