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China Evergrande liquidation ordered by court

Sky News Monday, 29 January 2024
A Hong Kong court has ordered the liquidation of China Evergrande, the real estate firm with more than $300bn (£236.1bn) of debts, amid deepening fears for the territory's wider corporate health.
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News video: China’s Evergrande Is Ordered to Liquidate

China’s Evergrande Is Ordered to Liquidate 01:31

 China’s Evergrande , Is Ordered to Liquidate. Hong Kong's High Court made the liquidation order on Jan. 29, CNN reports. . It seems to me that the interests of the creditors will be better protected if the company is wound up by the court, so that independent liquidators can take control...

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