Financial sector veteran, KT Capital Group

Fern Wang

Extensive experience in the financial market covering multiple sectors and products in Moody's, BoA, and Barclays, and a fintech company in China. Work experiences covered Hong Kong, Shanghai and New York.  Last position was a Director at S&P covering financial institutions.

Financial sector veteran

BEA & Dah Sing - Rampant Deterioration in HK Credit Metrics, Not Totally Visible in Headline Results

Country Garden’s Offshore Debt Issuance Structure May Be Less Favorable than that of Evergrande

KT Capital Group

Principal investments and advisory firm that focuses on connecting the CIS countries with East Asia.

Principal investments and advisory firm

Equity Bottom-Up

<ul>
<li>Evergrande's filing in itself does not signify a deterioration in its financials; it was already insolvent as of end 2021.</li>
<li>The bankruptcy filing provides the benefits of automatic stay and is a necessary step to validate the Group's offshore restructuring plan. </li>
<li>Evergrande's long term viability still depends on recovery of the China property market. </li>
</ul>


Evergrande's filing in itself does not signify a deterioration in its financials; it was already insolvent as of end 2021.
The bankruptcy filing provides the benefits of automatic stay and is a necessary step to validate the Group's offshore restructuring plan. 
Evergrande's long term viability still depends on recovery of the China property market. 


Why Evergrande’s Bankruptcy Filing Is a Positive Development