Description: Investors in China Evergrande Group are still in the dark over just how $2.1 billion of deposits at its property-services unit came to be used as security for pledge guarantees and seized by banks.
Date: Mar 23, 2022
Questions for discussion:
- What are the concerns raised in this report?
- What should investors make of the situation and particularly, the lack of information?
- What would you advise investors?