27-09-2021, 01:31 PM
what do you think?
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China Will Not Let Evergrande Collapse As It Affects 2% of China’s GDP
27-09-2021, 01:33 PM
China will not bail it out openly but come up with different measures working together with major banks to reduce the impact to minimum.
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27-09-2021, 03:04 PM
But I watched over weekend many Taiwanese analysts, guru said it will, like last time HNA , govt breakup that company into 4 groups and nationalised them....Evergrande may follow HNA foot steps....if believe quickly sell away the stock...
27-09-2021, 03:45 PM
This type of crisis can be resolved but needs a firm decisive hand.
Ringfence all the residential projects and force Evergrande to hand them over to another developer in exchange for some funds.
All investors must take haircut. Lenders forced to roll over some debt and convert the remaining to equity. Stick some fraud charges to the founder and/or turn him into a pauper.
Ringfence all the residential projects and force Evergrande to hand them over to another developer in exchange for some funds.
All investors must take haircut. Lenders forced to roll over some debt and convert the remaining to equity. Stick some fraud charges to the founder and/or turn him into a pauper.
27-09-2021, 04:00 PM
(27-09-2021, 01:31 PM)lvlrsSTI Wrote:
Cannot save.
Let it go....
It is a bubble in property market, must burst it.
Cant sustain at all. Evergrande can sell land to fund the debts.
The boss is famous for "gambling" habit.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
27-09-2021, 05:20 PM
27-09-2021, 06:24 PM
By when the answer will be out ?...it also has a bond due on 23 rd Oct ? but why need to wait so long ? got money pay else ask from daddy or mummy lah...
28-09-2021, 03:52 PM
This Evergrande crisis is just the tip of the iceberg. Evergrande's debt is not the highest according to this report. There are plenty more other developers requiring also financial assistance.
https://inf.news/en/economy/b704716f99b9...ead62.html
![[Image: e25108cc8172427c955832aa69a63e40.jpg]](https://i.ibb.co/wB0YZhK/e25108cc8172427c955832aa69a63e40.jpg)
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https://inf.news/en/economy/b704716f99b9...ead62.html
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"the devil is attacking you and not your argument because he is weak”
28-09-2021, 10:05 PM
(27-09-2021, 01:33 PM)lvlrsSTI Wrote: China will not bail it out openly but come up with different measures working together with major banks to reduce the impact to minimum.
This tropic seem our forumers not so interested...wait till the matters explode ; the interest will come back...discuss no use lah..
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