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spywaregorilla
on Jan 29, 2024
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Real estate giant China Evergrande will be liquida...
300B of debt is the common number. shortfall unclear.
loeg
on Jan 29, 2024
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Allegedly 240B in assets, but who knows how real any of those are:
https://www.reuters.com/business/embattled-china-evergrande-...
seanmcdirmid
on Jan 29, 2024
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They might not be very liquid, and there might not be a market for them at the current "market price" (China will often suppress real estate sales to prevent market prices from dropping).
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