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$EVERG SERVICES (06666.HK)$ is the second largest realty in ...

$EVERG SERVICES (06666.HK)$ is the second largest realty in China, owning millions of yuans worth of ghost apartments, etc. If Evergrande goes under, other companies that are similarly leveraged will fall, triggering a financial crisis that will have global impact. It will make Lehman Brothers look like your local coffee shop closing. Although it will affect Hong Kong, it certainly is not a purposeful, targeted attack on the HK currency.
Which is why the conversation is moot. They will not let this happen. Banks are being told to allow refinancing of Evergrande’s debt. They will be able to kick the can down the road a little longer.
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