CHINA EVERGRANDE RECEIVES WINDING-UP ORDER FROM HONG KONG COURT.
Everbright Securities International: The liquidation order for Evergrande may further undermine the confidence of mainland creditors and also affect investors' confidence in China's property sector and willingness to sell property, leading to further impact on the economy and capital market.
China Evergrande Chief Executive Shawn Siu says the group is actively communicating and cooperating with liquidators, working on debt resolutions. The group will also ensure home deliveries.
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jimmy the trader : Crazy!