Hong Kong court orders liquidation of China's Evergrande
13:00 UTC+8, 2024-01-29
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A Hong Kong court on Monday ordered the liquidation of Chinese property giant Evergrande.
13:00 UTC+8, 2024-01-29
0
Reuters
Media members stand outside the High Court where a court hearing on property developer China Evergrande Group is held, in Hong Kong, China, on January 29, 2024.
A Hong Kong court on Monday ordered the liquidation of Chinese property giant Evergrande.
High Court judge Linda Chan's decision effectively kickstarts a long process which includes liquidating the developer's assets and replacing its management to assuage concerns of its creditors.
Source: AFP
Editor: Wang Qingchu
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