Another week starts, and more news
The Evergrande crisis has now moved on to the liquidation phase. Let's see what happens when margin calls start popping up everywhere.
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71244215 : I saw that it moved to RD rating not D rating
Roukou OP 71244215 : Yes they are moving soon from RD to D, which is very much expected. Junk bonds are very low on the priority list of which to refund from this liquidation, so they will have to be written off entirely.