EVERGRANDE LAND SEIZED BY CHINESE AUTHORITIES. Valuable Assets Removed by RISK MANAGEMENT COMMITTEE

4 Views
Published
EVERGRANDE has LOST OWNERSHIP of 10 PLOTS OF LAND that have been SEIZED by the Chinese Authorities. This action follows on from the SEIZURE of the $1.8BN Evergrande Soccer Stadium in November. Evergrande is now controlled by the RISK MANAGEMENT COMMITTEE who are currently conducting an AUDIT and INVESTIGATION of the assets ahead of a BREAK UP of the company. The first action of the Risk Management Committee is to allow the seizure of this land and this BODES BADLY for the Lenders and the Bondholders. If the Evergrande's other assets are also seized then the company will be worthless and we could be looking at a $300 BILLION BLACK HOLE in the Global Economy.

In this video I provide you will the the details of the land seizure, a review of Evergrande's Land Bank, the implications of this action for the lenders & the bondholders and give a summary of the likely outcome for Evergrande and the markets.

For specific details please check out the CHAPTER list below.

Thanks for watching and please LIKE and SUBSCRIBE.

If you like this video and are would like to buy me a coffee please click the link below. THANK YOU it is very much appreciated.

https://www.buymeacoffee.com/JoeBABL

Chapters:
0:00 Intro
3:08 Land Seizures
6:48 Evergrande Soccer Stadium
8:15 Risk Management Committee
10:08 Evergrande's Land Bank
12:45 Implications for the Lenders
15:31 Summary & Conclusion
Category
Management
Be the first to comment