What's Next For The Indebted China Evergrande Group?
Brock Silvers, Chief Investment Officer, Kaiyuan Capital
31-Jan-24 07:30
![What's Next For The Indebted China Evergrande Group?](https://bfmcms.s3.ap-southeast-1.amazonaws.com/websiteimages/morning-brief/2024-01-31_evergrande-china-property-asset-hong-kong-court-liquidation/og_b1d5ea1c-979e-4361-b2c8-dd1168385ce9.png)
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On Monday, a Hong Kong court ordered property giant China Evergrande Group’s liquidation. The developer is the biggest casualty of a real estate crisis that continues to weigh on China’s embattled economy. Brock Silvers, Chief Investment Officer of Hong Kong-based Kaiyuan Capital tells us what this ruling means for investors and the Chinese economy.
Image credit: Shutterstock.com
Produced by: Chin Wai Lun
Presented by: Wong Shou Ning, Philip See
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Categories: economy, Corporates, property
Tags: evergrande liquidation, china property crisis,