Who Is Evergrande, And Why Are They Important?
Evergrande Group (HKG: 3333) is China’s second-largest real estate developer, responsible for over 1,300 construction projects across mainland China. Alongside its many apartments and commercial buildings, Evergrande has also constructed an extremely precarious balance sheet since going public in 2009. As such, the Group is struggling to meet its debt obligations. Evergrande has approximately US […]