Time to buy Evergrande?

[John124]

They say always buy when there's blood on the streets

Any Chinese here want to give me the probability that they bail out their real estate sector?

 

[Chinacurry]

Bail out is likely, but future growth will be v stunted.

It will look more like UK bailout during GFC than USA one.

You have missed the bounce now, I've been holding some Chinese real estate developers long term, but I do this because they pay close to 10% dividend, and I think even post evergrande they will pay 5%+, it's not like the bubble is gonna wane or anything.

 

[Chinacurry]

Bail out is likely, but future growth will be v stunted.

It will look more like UK bailout during GFC than USA one.

You have missed the bounce now, I've been holding some Chinese real estate developers long term, but I do this because they pay close to 10% dividend, and I think even post evergrande they will pay 5%+, it's not like the bubble is gonna wane or anything