China’s property giant Evergrande files for bankruptcy protection in Manhattan

Re:China’s property giant Evergrande files for bankruptcy pr... by louis8799 on Friday August 18, 2023 @02:37AM (#37172039)

- Li Ka Shing, richest man in Hong Kong, just offered an immediate 30% off on his newest buildings for sale

-> This also result in immediate sold-out with 22X over-subscription.

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Re:China’s property giant Evergrande files for bankruptcy pr... by raverbashing on Friday August 18, 2023 @02:51AM (#37172140)

Smart guy ;) It's not his loan that's going to end up in arrears

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Re:China’s property giant Evergrande files for bankruptcy pr... by starfallg on Friday August 18, 2023 @03:48AM (#37172490)

Hong Kong is a completely separate market to mainland China, the latter is further segmented by region/city. Li more or less withdrew from mainland China in the past decade or so.

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