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China's Evergrande: what happens next after liquidation order?
China's Evergrande: what happens next after liquidation order?
Economy
by  AFP

A Hong Kong court on Monday issued a winding-up order for Chinese real estate giant Evergrande, as the embattled firm teeters on the brink of bankruptcy. Evergrande was once China's biggest real estate firm, a giant in a sector that ballooned as property became the foundation of a burgeoning middle class's growing wealth.