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A Hong Kong court has issued a winding-up order against Chinese property developer Dexin China. The court-ordered liquidation follows Dexin China's failure to win a winding-up case. As a result, the company's stock fell over 5% in Hong Kong trading.
Property developer Dexin China ordered to liquidate by Hong Kong court https://t.co/XZY7pSLXqm
Hong Kong court liquidates Chinese developer, Dexin https://t.co/3hVzvzLXNG
Sino-Ocean Soars After Cash-Strapped Developer Announces to Sell Property for USD550 Million https://t.co/uYZNUdp6AS