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Sep 20, 2021 7:33 PM

Is Evergrande the next Lehman Brothers ?? Short

HKEX:33331D
CHINA EVERGRANDE GROUPHKEX

Description

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China`s economic model is based on real estate investment to drive growth. 20 Mil apartment buildings per year.

China`s residential property is 20% of GDP every year. Too much!

Real estate activities in China close to 30% of GDP every year. Huge!

Chinese Government is Bashing the private sector, look at GOTU and BABA for example.

Evergrande, second largest property developer in China has more than $300 billion in debt!

Evergrande has $83.5 million interest payment Sept. 23 and a $42.5 million payment on Sept. 29

Failure to to pay in 30 days can put Evergrande in default.

Today Evergrande has a Market Cap of 30.099B! At its peak, Evergrande was traded 13.5X higher!

Evergrande’s potential debt blowup can send shock waves through financial markets!
Today was just the beginning.

Trend AnalysisTechnical IndicatorsFundamental Analysisevergrandechinabubblerealestate3333defaultlehmanlehmanbrotherslehman2
Comments
calculations
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If this business is assisted, other businesses in a similar position may expect the same bail out treatment.
TopgOptions
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@calculations, good point!
GJMRealEstate
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wow. what a curve. looks like zero is a possibility.
TopgOptions
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@GJMRealEstate, maybe not 0, but 0.5 for sure. :)
Tradermariano
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This story is blown up by paid media in order to benefit short sellers...
TopgOptions
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@Tradermariano, So the 300Bil debt is not real?
Tradermariano
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@CryptoFundManager, compared to the 1.6 trillion real estate market it is something. But the problem has already been on the table since Q1 this year and caused by the chn socialist gov as they want to shatter the big players. I just think these reports are being launched at the right time by the "market makers".
mohamedshoier8999
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Not sure, but the Risk/Reward is tempting ...
TopgOptions
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@mohamedshoier8999, that`s what i thought about Wirecard when it dropped too. :) How low can it go?
TomDen1
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I should have seen this earlier!!! PUTS City!!!
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