A Hong Kong court has ruled that Evergrande, China's largest property developer, must be liquidated.

Today, the company's shares fell another 20% on the news and trading was suspended.

Evergrande is now considered the most indebted property developer in the world.

This comes at a time when China's HY Real Estate Index has fallen 85% in 2 years.

China is also preparing hundreds of billions in economic stimulus and is also considering banning short selling.

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