A court ordered the procedure after the firm failed to come up with a convincing restructuring plan A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group, the world’s most indebted developer, after an 18-month long hearing. Judge Linda Chan delivered the ruling, saying “it is time for the court to say enough is enough” after the troubled developer repeatedly failed to come up with a convincing plan to restructure its debts. The company had been given seven extensions since court proceedings began in 2022. The real estate firm, which first ran into trouble refinancing its
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