Hong Kong court orders Chinese property giant Evergrande to liquidate

A Hong Kong court has ordered the liquidation of the world’s most indebted property developer – China Evergrande – after it failed to strike a deal with its creditors to restructure. It’s a ruling with significant legal ramifications and is likely to jolt China’s already fragile property market. Al Jazeera’s Patrick Fok reports from Hong Kong. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Download AJE Mobile App: https://aje.io/AJEMobile #HongKong #China #Evergrande #EvergrandeCrisis