Hong Kong’s Richest Lady Now Taking On Massive Losses Due to Evergrande’s Solvency Issues Emanating from the China Real Estate Crisis

The dominos are starting to fall.  Evergrande was first, now those connected to Evergrands solvency issues include multiple companies and Hong Kong’s richest woman.

We reported on Evergrande a few weeks ago.  The Hong Kong behemoth with the most debt of any corporation in the world, was facing solvency issues due to its failing portfolio of Chinese real estate.

BREAKING: Hong Kong’s Evergrande, With Its Huge China Real Estate Portfolio, Has Trading Halted As Its Debt Crisis Escalates

Then other companies were identified as well.

Three More Companies Join Evergrande – Unable to Meet Debt Obligations – Total Debt of Nearly Half a Trillion USD Facing Solvency Issues in China

Today another company is involved in the Evergrande crisis is identified and it’s owned by Hong Kong’s richest woman. 

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