The latest real situation of Evergrande.

The latest truth of Evergrande: By June 8, 2023 10, Evergrande was heavily in debt.

China Evergrande Group, located in Shenzhen and formerly known as Evergrande Real Estate Group Co., Ltd., is an international enterprise group listed on the main board of Hong Kong Stock Exchange, integrating real estate planning and design, development and construction, and property management, and registered in Cayman Islands (UK). On August 18, 2023, Evergrande clarified that applying to the US court did not involve bankruptcy.

An important reason for Evergrande's debt crisis is excessive expansion. He wants to do many things, but he doesn't have enough money. Evergrande Group, one of the largest real estate enterprises in China and one of the world's top 500 enterprises, is in an unprecedented debt crisis, facing multiple difficulties such as capital chain breakage, project shutdown and investor rights protection, and is heavily in debt.

Advantages of Evergrande

1, hardcover room

Evergrande's houses are all hardcover rooms with European design and strategic cooperation of big brands, so the quality is relatively guaranteed.

Step 2 preserve value

Judging from the effect of maintaining the value, Evergrande's house is still rising steadily, and it is not worried that it will collapse in the future.

3. After-sales service

From the after-sales point of view, Evergrande's real estate is owned. As long as there is any problem, you can find a property to solve it, which is more secure.

4. Supporting facilities in the park

From the supporting point of view, the supporting facilities around Evergrande are very good, so there is no need to worry about life.

The above contents refer to Baidu Encyclopedia-China Evergrande Group.