China Evergrande Liquidation: Stakeholders in Their Own Words

A Hong Kong court’s ruling Monday to liquidate China Evergrande Group marked a new milestone in the nation’s unprecedented property debt crisis.

Below is a summary of comments in and outside of the court:

Linda Chan, Judge, High Court of Hong Kong:

• “It’s appropriate to give a wind-up order. This has been dragging on for over one and a half years. At the last hearing, I said that I expect to see a fully formulated proposal and the company has acknowledged that and said it will discuss with the creditors and to produce a revised proposal in line ...