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The central bank convened a meeting between financial institutions and 12 real estate enterprises, involving the rescue of M & a business
Exclusive Interview with Liu Di, Managing Director of Peakview Capital
“We thought this battle would be over in one or two years, but it has been dragging on for three years, so this could conversely be an opportunity for us to focus on; in other words, amid the unexpected international and domestic situation, new opportunities will be seen.”
May 21, 2022 12:51 PM
An Industry Built on Debt
Real estate has long been the stimulus behind China's rapid economic development. House-buying became an investment as prices soared, thus resulting in overbuild. Evergrande's downfall signals the halt on China's reliance on its real estate sector as the country seeks to regulate and strengthen the economy and its foundation.
Nov 08, 2021 09:42 AM
Xu Jiayin: Hengda will continue to operate the football business
Hang Seng Index Company: Evergrande property was excluded from the Hang Seng China enterprise index.
Exclusive Interview with Liu Di, Managing Director of Peakview Capital
May 21, 2022 12:51 PM