EVERGRANDE FILES BANKRUPTCY
Started in 1996, Evergrande
Rapidly Became China's Real
Estate Giant.
Most Valube Real Estate
Company Of The World- 2018
Raised $722 Million in an IPO on
the Stock Exchange of
Hongkong in 2009
Poster Child Of China's
Property Crisis.
Debt Pile up of $340 Billion due
to low profit margin.
Government'sIntervention to
control Property Speculation
hampered its Growth.
Deviation from the core
business into diverse ventures.
Weekens Investor Confidence
in the Real Estate Sector
Raises Concern Of Financial
Crisis In China
Will Hamper China's Economic
Growth
Prudent Debt Management
Better Investor Due- Diligence
Stringent Govt Regulation on
Fund Raising
Less Political Intervention