Get our introductory offer at only
*$0.99/month for first 3 months
$29.90/month for the next 9 months
MARKET sceptics are surprisingly healthy in Hong Kong. A scathing analysis from GMT Research claims that Evergrande needs to take 150 billion yuan (S$31.2 billion) of writedowns, enough to destroy the Chinese property giant's equity. That is brave given the hard time authorities...