China's property giant Evergrande ordered to liquidate

A Hong Kong court has ordered the liquidation of property giant Evergrande.

This after the indebted developer, with more than $300 billion of liabilities, failed to come up with a restructuring plan.

Patrick Fok was outside the court in Hong Kong when the verdict was delivered.

In: 'This really does...'
Out: SOC
Dur: 47 secs

http://www.fsnradionews.com/feeds/0129Evergrande-pk.mp3

Patrick Fok has more on what's next for the Chinese property giant.

In: 'This all now...'
Out: SOC
Dur: 37 secs

http://www.fsnradionews.com/feeds/0129EvergrandeNextSteps-pk.mp3