Evergrande shares halted after Hong Kong court orders liquidation of $300bn corporation

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Evergrande shares halted after Hong Kong court orders liquidation of $300bn corporation (www.cnbc.com)

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A $300 billion liquidation is going to drastically impact China. Institutional investors, vendors for Evergrande, etc are going to lose their shirts. For perspective, this would be akin to a US Fortune 25 company liquidating because it was too screwed to even enter a structured bankruptcy.

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