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Evergrande’s $1.7 Billion HQ Sale Flops

October 15, 2021

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Biz Coach, Super Joe Pardo reacts Evergrande Group’s sale of their headquarters for $1.7 Billion flops.

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Check out: https://www.reuters.com/article/china-evergrande-debt-yuexiu-property-ex/exclusive-evergrandes-1-7-billion-hong-kong-headquarters-sale-flops-as-buyer-withdraws-sources-idUSKBN2H50O4

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2 Comments

  1. dskyy2001 says:
    October 16, 2021 at 5:54 am

    Wait, invest in China real estate where the bubble has 40 – 50% percent declines to go. Wait, that is the recommendation of great investment experts like blackrock. Blackrock investors beware. Is blackrock too big to fail?

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    • Super Joe Pardo says:
      October 16, 2021 at 7:28 am

      lol yeah, they did themselves by a favor jumping out of the deal (atleast in the short term). The Blackrock question is a big one, and the answer is not one I particularly like. 🙁

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