Hong Kong court orders Chinese property giant Evergrande to liquidate
ByJames
A Hong Kong court has ordered the liquidation of the world’s most indebted property developer – China Evergrande – after it failed to strike a deal with its creditors to restructure.
It’s a ruling with significant legal ramifications and is likely to jolt China’s already fragile property market.
Al Jazeera’s Patrick Fok reports from Hong Kong.
Subscribe to our channel http://bit.ly/AJSubscribe
Follow us on Twitter https://twitter.com/AJEnglish
Find us on Facebook https://www.facebook.com/aljazeera
Check our website: http://www.aljazeera.com/
Download AJE Mobile App: https://aje.io/AJEMobile
#HongKong #China #Evergrande #EvergrandeCrisis
