HW Shorts APP International News

Hong Kong Court Mandates Liquidation For China’s Evergrande

On January 29, a Hong Kong court ordered the liquidation of the beleaguered Chinese property giant Evergrande, intensifying the impact of the property crisis rippling through the economy. The High Court judge’s decision initiates a comprehensive process involving asset liquidation and management replacement to address creditors’ concerns amid the company’s staggering $300 billion in liabilities.

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HW Shorts APP National News

Fire Destroys 450 Vehicles At Police Yard In Wazirabad

Akanksha Yadav

On Monday, a fire erupted at the Wazirabad Delhi Police yard, destroying approximately 450 vehicles stored in the ‘malkhana’. Firefighters deployed five fire tenders, controlling the blaze after two hours. Fortunately, there were no injuries reported, but significant vehicle damage occurred.

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