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Evergrande Files Chapter 15 Bankruptcy Protection - The State of Chinese Real Estate
Description
00:00 - Intro
01:39 - Recap
04:06 - Chapter 15 filing
05:52 - China’s real estate market
08:13 - The concerns
09:03 - How this differs from 2008
12:20 - Closing thoughts
Evergrande recently filed for Chapter 15 bankruptcy - let's dive into what this means, and where China's real estate market (and economy) stand today.
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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