There may be little to recover in the $300 billion Evergrande debt saga

• A Hong Kong court has ordered the liquidation of China Evergrande.
• But experts say there may be little to recover.
• One of China's top developers, Evergrande has been in a liquidity crisis since 2021.

China Evergrande — the world's most indebted property developer — received a liquidation order from a Hong Kong court on Monday, but there may be little left to recover, said experts.

The order came more than two years after Evergrande sent the country's property sector into a tailspin.