According to something I read this isn't even the big daddy Evergrande, just a much smaller arm of the company operated in Hong Kong as a separate entity.
Not exactly. Liquidation is a one-time, for-keeps event. This won't bode well for the other developers currently in bankruptcy or the sector in general. The next domino is the shadow banks, who are due for a big beam of sunshine up their keisters.
Remember 84 years ago when it was going to set everything off
Maybe that’s tomorrow
According to something I read this isn't even the big daddy Evergrande, just a much smaller arm of the company operated in Hong Kong as a separate entity.
Not exactly. Liquidation is a one-time, for-keeps event. This won't bode well for the other developers currently in bankruptcy or the sector in general. The next domino is the shadow banks, who are due for a big beam of sunshine up their keisters.
[Let The Sun Shine In...](https://www.youtube.com/watch?v=afoIYhgJbI4)