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QuestionsCategory: Investor PsychologyReal estate developers in trouble
Sun Down asked 1 month ago

Evergrande and these Chinese real estate developers are already in trouble
https://www.wtva.com/content/national/575608502.html?ref=502
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? 

1 Answers
Victor Chng answered 1 month ago

Hi Sun Down,
 
Regarding Evergrande’s story, we had done a podcast of it on youtube. You can check out the link below:
 

 
Market crash is hard to time and sometime bull market may last a long time. If you are worried about the crash then start small first. 
 
Hope this helps :)