Evergrande and these Chinese real estate developers are already in trouble
More and more Chinese real estate developers are in trouble, as of now, 5 are already in the water. There maybe more coming up.
Apart from the Tech crackdown, which resulted in the big correction in the HKEX earlier, will there be another big correction should more developers come under water, or one of them goes into bankruptcy or liquidation?
What are the Fifth Person thoughts on this? Should we wait for another big correction to happen and start fishing for good quality companies which will be cheap by then? Or can start to tranche in now slowly?
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