Evergrande's debt was officially thunderous, and the 260 million guarantee could not be fulfilled, missing the best time

On Monday, the stock price of China Evergrande plunged, falling by 20 percent. That's because on Friday, Evergrande announced that a $2.6 trillion debt guarantee could not be fulfilled. This means that Evergrande's debt crisis is officially thunderous.

Guangdong was highly concerned about this, and immediately interviewed Mr. Xu Jiayin, the actual controller of China Evergrande Group, that night, and sent a working group to Evergrande.

So, is there a solution to the Evergrande crisis? I think I missed the best time.

First, Evergrande cleared the Hengteng network some time ago, And Boss Xu sold planes and mansions, and as a result, the guarantee of 260 million US dollars could not be fulfilled, which meant that the direct default thunderstorm.

Second, the top level has stated that this is an individual case and belongs to the consequences of excessive radical expansion in that year. The implication is that if you provoke something yourself, you wipe your ass yourself.

Third, evergrande's most important channel for payment collection at present is to buy a house and sell assets. Exactly how many assets can be sold, the ghost knows.

And the biggest problem with the house, no one dares to buy it at all. Look, Kerui released sales data for housing enterprises, in the first 11 months of 2021, China Evergrande's sales were 442.1 billion yuan, but in the first 10 months, Evergrande's sales were 442.8 billion yuan.

Evergrande worked hard to sell houses last month, with sales of -700 million yuan.

Look at the time when all the major developers are starting to sell, and suddenly the buyer may be gone. Therefore, if you want to sell assets now, at least you can't sell them for a good price.