#china-evergrande-group

#china-evergrande-group

China Evergrande Group has been ordered to be liquidated by a Hong Kong court, marking a significant development in China's real estate crisis.

The liquidation order is expected to have ripple effects in China's financial system and could further worsen the ongoing stock market rout.

A Hong Kong court has ordered the liquidation of China Evergrande Group, the world's most indebted developer.

The decision is likely to impact China's financial markets and add to the country's economic challenges.

The liquidation process may be complicated due to political considerations and could take months or years to complete.