China Real Estate

[D.YU]

History always repeats itself. But people tend to forget or fail to learn from the past. But of course, no one has a crystal ball and timing is key to everything. People have been saying real estate globally has been a bubble for a few years. Instead of bursting right away, it kept going up (still going up in certain countries/cities).

[shri]

And back to square 1..

https://www.aljazeera.com/economy/20...odging-default

[ArrynField]

https://news.bloomberglaw.com/capita...with-sweetener

[ArrynField]

<Research Report>Citi Axes EVERGRANDE (03333.HK) TP to $0.5; Efforts Made on Delivery but Debt Pressure Lingers AASTOCKS Financial News - Popular News

[orionx999]

https://www.reuters.com/business/sun...ng-2023-09-19/

So it's Sunac and Evergrande that have filed bankruptcy in the US so far (but both are still in business in China).

[ArrynField]

https://amp.cnn.com/cnn/2023/09/23/b...hnk/index.html