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home / news releases / EGRNF - China's Evergrande Collapse Is Spreading


EGRNF - China's Evergrande Collapse Is Spreading

  • China real estate developer Evergrande, facing default, is now expected to restructure its debt.
  • Evergrande was also very focused on raising liquidity to avoid default. In particular, Evergrande lowered property prices (perhaps by around 15%) in order to generate sales.
  • Chinese currency weakness is a bigger risk than realized, though it will materialize over months and quarters, in our view.

For further details see:

China's Evergrande Collapse Is Spreading
Stock Information

Company Name: China Evergrande Group
Stock Symbol: EGRNF
Market: OTC

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