After China Evergrande, Real Estate Crisis ‘Has Not Touched Bottom’

After China Evergrande, Real Estate Crisis ‘Has Not Touched Bottom’

The forced liquidation of China Evergrande epitomizes the sector’s struggles: Nationwide, sales are down and millions of homes have been paid for but not delivered.
Real Estate Giant China Evergrande Will Be Liquidated

Real Estate Giant China Evergrande Will Be Liquidated

After multiple delays and even a few faint glimmers of hope, a Hong Kong court has sounded the death knell for what was once China’s biggest real estate firm.