Thanks for the breakdown. From what I’ve read in news outlets, everyone is saying that Evergrande is going bust after the 30-day grace period ends and they miss the payment again. However, the share price has leveled off, recovering 24% off its bottom a few days ago. What accounts for this price recovery?
Thanks for the breakdown. From what I’ve read in news outlets, everyone is saying that Evergrande is going bust after the 30-day grace period ends and they miss the payment again. However, the share price has leveled off, recovering 24% off its bottom a few days ago. What accounts for this price recovery?