Evergrande's liquidation: 5 things to know about what comes next

'Arduous process' will test China property market, cross-border insolvency regime

202401230 Evergrande

China Evergrande Group has more than $300 billion in liabilities. (Source photos by Reuters)

ECHO WONG, PAK YIU and KENJI KAWASE, Nikkei staff writers

HONG KONG -- A Hong Kong court order to wind up developer China Evergrande Group sets in motion a complex, multiyear process that will test China's faltering property market as well as cross-border insolvency arrangements between Hong Kong and Beijing.

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