How do you think Evergrande will sell some real estate and car equity?

I think Evergrande can only choose to do this, because Evergrande's debt ratio is too high, and it will also generate many financial risks.

The real estate market itself needs a lot of money. If a company's debt situation is too high, it is likely to lead to problems in the whole industrial chain, so Evergrande must eliminate its own debt and keep it under control. For an enterprise like Evergrande, Evergrande also has sufficient strength to repay its debts, so we don't need to worry too much about the debt problem of Evergrande.

First, what is this thing?

After the exposure of Evergrande's debt crisis, Evergrande is actively responding to relevant measures and seeking solutions. We know that Evergrande Group itself has many industries. In addition to the real estate industry, Evergrande also has a certain market share in automobile and real estate. Because Evergrande has its own debt crisis, Evergrande is currently selling its shares in the real estate and automobile industries in order to survive.

Second, Evergrande did this to obtain cash flow.

I have seen a data before. Evergrande's annual turnover can reach about 600 billion, but at present Evergrande's debt has reached 900 billion. To some extent, even if the net profit of Evergrande is not calculated, the debt ratio of Evergrande is very high. It is precisely because of Evergrande's very high debt ratio that Evergrande needs to obtain certain cash flow in this way to solve the current debt crisis.

Three. Evergrande needs to further eliminate its debts.

Because of the current downturn in the real estate industry, citizens are not willing to buy a house. I think that if Evergrande wants to eliminate its debts, what it needs to do most is to go into battle lightly, and at the same time, it needs to get enough cash flow support. Once a debt crisis breaks out in an enterprise like Evergrande, there will be many enterprises involved in Evergrande, which will also affect all enterprises in the whole industry, and the consequences will be unimaginable. It is for this reason that I am very supportive of Evergrande's initiative to sell its core assets. I think this is Evergrande's responsible attitude towards the surrounding enterprises.