Evergrande Group is in a liquidity crisis, hitting its stock price low in 2021. The video covers the factors behind the turmoil, including historical background of Evergrande's financial activities in past five years, the company's recent spree in real estate development, its management team's problematic strategies that involve borrowing money from banks and increasing debt levels, increasing competition in China that increased interest rates on the stock market. The video also analyzes how Evergrande's property bubble might burst, what sources of funds the company might draw on to cover its debts, and what consequences this could have for investors.
EVERGRANDE: Major Financial Crisis Explained!
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