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Evergrande Ordered to Liquidate - What Now?
Description
Evergrande Default Worries: https://youtu.be/6VDPmDPombs?si=EDiR9RNp-_Lu-HEl
China's Supposed 'Collapse': https://www.youtube.com/watch?v=y06Yfm0hzjI
Ch. 15 Filing: https://www.youtube.com/watch?v=c-n6RN8a2Zo
00:00 – Intro
01:44 – Recap
04:14 – Update
06:26 – What Now?
08:51 – Real Estate Sector
09:50 – Impact on China’s Economy
11:15 – Why this isn’t Lehman 2.0
A Hong Kong court has recently ordered Evergrande, the massive embattled Chinese real estate developer, to liquidate. Let's go over what might happen from here.
DISCLAIMER: I do not hold positions in any of the mentioned companies.
This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer).
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