[HIGHLIGHTS] Evergrande's fate has come to an end. Is there still room for self-rescue after the liquidation order?

A Hong Kong court issued a liquidation order to China Evergrande (03333.HK) The company's stock price plunged, falling 20.87% to HK$0.163, with a market value of only HK$2.218 billion. A capital market person told China Business News, "Theoretically not, evergrande can still file an appeal," but the liquidation process will not be suspended.

As of June 30, 2023, Ever grande's main operating income was approximately 128.18 billion yuan. Total liabilities reached 2.39 trillion yuan, and after excluding contract liabilities, the liabilities were approximately 17,800 yuan billion.