Currently, EverGrande may be the first entry into other top Canadian Wealth Funds, Insurance, Finance, and Assets management sectors due to the existence of Evergrande companies’ shares, liquidation, and bankruptcy. Because now it seems that in the future Evergrande company will be able to overcome Hong Kong or Chinese Debt and US and Canadian investors can invest billions of USD in ETFs and Evergrande company. Recently, I have come to know that most stakeholders of Evergrande company are from the US and Canada and they want the price of Evergrande’s stocks and financial services should fall and they can buy Evergrande stocks below that price. According to them, the top investors or holdings of Evergrande company are now Shing Yim Chau, Manulife Investment, and Hong Xi, The Hong Kong court will buy stocks from Evergrande instead of taking over its debt. There is currently approximately $300B USD at stake in Evergrande, which is funded by major US, Canadian, and European Asset Management companies like Manulife Investment and Shing Yim Chau. In the few coming days, Manulife Investment may reduce maintenance and employees and increase unemployment to increase Investment into Evergrande.
Why are European, Canadian, and American investing in Evergrande in 2024?
However, the biggest losses have and could be caused by Canadian and Chinese companies or investors. Due to this loss, a new fund has been released between the Hong Kong Court and Evergrande under institutional funds, wealth funds, and financial planning which can be Hong Kong will be best for stocks. It is possible that in the future, by merging China and Canadian assets management firms and other companies, Evergrande can be made profitable and the best company because according to the Hong Kong Court, if Evergrande pays $300B USD debt, it will have the biggest growth in the Hong Kong or Asian market. As for the Chinese government, the Hong Kong Court says that if Evergrande wants to return, it will have to reduce its debt, but if Evergrande gets free entry into the US, Canada, and Europe, Evergrande will be able to run its business again. And for that, Manulife Investment is an option that can generate further growth in Stock and Company. Manulife Investment, one of Canada’s top assets management companies, may be able to sell Evergrande’s holding in the future. Manulife Investment may be able to partner with Evergrande to further develop Evergrande. By the way, Manulife Investment is also a partner of BlackRock, Fidelity, and one of the world’s top asset management companies which handles the trade of about $1.2 trillion in assets. There are many other such companies in the world that are getting ruined, in which the biggest stakeholding comes from Assets Management, Wealth Funds, and institutional investment.