EGRNF - China Evergrande Group Is Riskier Than The Numbers Suggest

China Evergrande Group (EGRNF), the largest property developer by sales in the People's Republic of China, may seem like an investment worth considering due to it being fairly valued. However, several other factors tell against this conclusion. In looking at the stock itself, I will assess the security trading on the Hong Kong Stock Exchange, which trades under the ticker 3333, as neither of the OTC market securities - EGRNF or EGRNY - are sponsored by the firm.

At the close of the Hong Kong Stock Exchange on 07/22/2020, China Evergrande traded at a

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