BREAKING: Is Evergrande Group the next Lehman brothers?! ...

Q: How long is this episode of Market Maker?

This episode is 8 minutes long.

Q: When was this Market Maker episode published?

This episode was published on September 14, 2021.

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Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.

What this episode covers

There is a breaking news story developing as China's largest property developer whose shares are now down 80% YTD have now hired Houlihan Lokey and Admiralty Harbour as financial advisers to assess their capital structure - it is likely a bankruptcy is coming. They have an eye-watering $310bn in liabilities and are now in a liquidity crunch where they cannot complete their developments so cannot generate the funds to pay creditors. Who are Evergrande, how did they end up in this situation, and what comes next? Hosted on Acast. See acast.com/privacy for more information.

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