China Evergrande 3333

[winston]

not vested

China's Evergrande liquidation is 'trillion dollar problem'

China's largest property developer Evergrande (3333.HK) faces liquidation after courts deemed the company incapable of delivering on restructuring plans.

The Chinese economy contends with uncertainties as officials attempt to inject a stimulus package of $278 billion (2 trillion Chinese yuan) back into markets.

Meyer, Unkovic & Scott Partner Dennis Unkovic, comments on contagion fears associated with Evergrande's liquidation for both China's property sector and its markets.

"It reminds me a little bit of the Lehman Brothers moment. When Lehman Brothers went down, there was a question about how it would spread. You have other companies like Evergrande, for example, Country Garden (2007.HK), that have similar debts," Unkovic says.

"Country Garden is now the largest private real estate company in China, and it has similar problems to Evergrande. The problem is it isn't over, and it really may just be beginning."

https://www.youtube.com/watch?v=8slr-paLFf4

[behappyalways]

The rise and fall of China Evergrande
https://m.youtube.com/watch?v=ZYdxlM4LSXM

[behappyalways]

Evergrande's dollar bond is now worth less than two cents, as the company faces liquidation
https://twitter.com/Mayhem4Markets/stat ... 8454452607

[behappyalways]

China accuses Evergrande of US$78 billion fraud
https://www.theedgesingapore.com/news/c ... lion-fraud

[behappyalways]

"PwC China’s current boss is Daniel Li, who was previously head of the audit business...Beijing found that Evergrande overstated its mainland revenues by $80 billion in the yrs before defaulting in 2021...PwC had been auditing the company since 2009"
https://x.com/ChinaBeigeBook/status/1834041088429933054

[behappyalways]

Evergrande, once a dominant player in China, will be delisted from the Hong Kong Stock Exchange on August 25th.
Haste makes waste!
China's Evergrande is finally reaping the consequences of its over-expansion.
曾經叱吒中國! "恒大"確定8/25港交所下市 欲速則不達! 中國"恒大"過度膨脹終嘗苦果│記者 鄧崴│國際焦點20250813│三立新聞台
https://m.youtube.com/watch?v=0hYZZ5ujF ... 0JAYcqIYzv


Evergrande to delist in milestone for China housing crisis
https://www.theedgesingapore.com/news/c ... ing-crisis

[behappyalways]

Farewell! Evergrande's Hong Kong delisting five years after mainland China's golden age of real estate collapse

掰掰!陸房市黃金年代 恒大暴雷5年後港退市｜方念華｜FOCUS全球新聞20250825 ‪@tvbsfocus‬

https://m.youtube.com/watch?v=wzsBVS9mTjk

[behappyalways]

Evergrande's delisting: 400 billion yuan in market value reduced to ashes

恒大除牌　4000億市值化灰　大劉一句神總結｜恒大｜除牌｜許家印｜鄭裕彤｜劉鑾雄｜楊受成｜內房｜碧桂園｜雅居樂｜三條紅線

https://m.youtube.com/watch?v=gihMwxBO85U