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Evergrande ordered to liquidate as Hong Kong High Court approves creditors’ bid to wind up world’s most indebted property developer


The lawsuit was initiated in June 2022 by Lin Ho-man’s Top Shine Global, which was trying to recover HK$862.5 million (US$110.4 million) from a botched investment in Evergrande made in March 2021.

Source : South China Morning Post
Read more…Evergrande ordered to liquidate as Hong Kong High Court approves creditors’ bid to wind up world’s most indebted property developer

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