Core Viewpoint - The article discusses the imminent delisting of Evergrande, highlighting the severe implications for homeowners and the broader real estate market, as well as the company's financial collapse and the resulting crisis for stakeholders [3][11]. Company Overview - Evergrande's delisting from the Hong Kong Stock Exchange is a culmination of its financial troubles, with the company previously valued at 400 billion HKD now facing liquidation [3]. - The company has left behind 75,000 unfinished homes out of a total of 1.62 million units, with a staggering debt of 2.44 trillion CNY against only 20 billion HKD in realizable assets [3][4]. Industry Impact - The crisis has triggered a domino effect, impacting suppliers, construction workers, and local governments, with Evergrande owing over 550 billion CNY to suppliers and causing significant social unrest [10]. - The real estate sector is undergoing a transformation, with state-owned enterprises taking a dominant role, while private firms struggle to adapt, as seen with Sunac reducing its debt from 1 trillion CNY to 259.6 billion CNY [10]. Homeowner Situation - Homeowners are facing a dire situation, with the closure of capital markets limiting their options for recovery, and many are experiencing severe psychological distress [10][11]. - Legal and financial actions are recommended for homeowners, including filing claims for priority debts and engaging with local government initiatives aimed at project completion [8][10]. Government Response - Local governments are attempting to intervene through "stability funds" and other measures, but the effectiveness of these interventions remains limited [3][4]. - The article emphasizes the need for homeowners to actively engage with government programs to secure their interests in unfinished projects [8].
恒大退市倒计时：75万套烂尾房悬了！业主自救指南速看