Bangkok Post – What happens next after China Evergrande ordered to liquidate

January 29, 2024

PUBLISHED : 29 Jan 2024 at 11:58

Some of the 39 buildings developed by China Evergrande Group that are subject to a demolition order, on man-made Ocean Flower Island in Danzhou, Hainan province, China. (Photo: Reuters)

HONG KONG – A Hong Kong court on Monday ordered China Evergrande, the world’s most indebted developer, to be liquidated. The move could send shockwaves through already fragile Chinese capital and property markets. Such a process could be complicated, with potential political…