"Evergrande Faces Court-Ordered Liquidation Amid Economic 'Soft Landing' Focus"

A Hong Kong judge has ordered the bankrupt Chinese real estate giant Evergrande to liquidate, citing the company's failure to present a stable restructuring plan more than two years after its default. The decision adds to the woes of the heavily indebted property developer, which has become emblematic of China's property crisis. The move raises concerns about the potential impact on China's economy as growth slows, and offshore investors are closely watching how Chinese authorities will handle foreign creditors in the wake of the liquidation ruling.