Core Viewpoint - The article discusses the implications of Evergrande's delisting and the beginning of a new phase in the aftermath of its financial crisis, emphasizing the need for accountability and regulatory measures to prevent similar situations in the future [4][6][7]. Group 1: Evergrande's Delisting - On August 12, Evergrande announced its cancellation of listing status, marking a significant event in its financial saga [4]. - The delisting signifies the start of the "post-explosion" era, focusing on addressing issues like unfinished buildings and bad debts [6][7]. - The regulatory focus will shift towards managing risks associated with unfinished projects and financial institutions [7]. Group 2: Accountability and Legal Actions - The liquidators of Evergrande have filed lawsuits against founder Xu Jiayin and other executives, claiming they violated responsibilities by approving misleading financial statements [10]. - The liquidators are seeking to recover approximately $6 billion (around 43.8 billion RMB) in dividends and compensation, with a court ruling to freeze assets worth 60 billion HKD (about 55 billion RMB) [10]. - The article suggests that the accountability measures are crucial to prevent the emergence of similar figures in other industries [17][18]. Group 3: Regulatory Measures for the Automotive Industry - The article raises concerns about potential risks in the automotive sector, suggesting that there may be companies similar to Evergrande [19]. - Regulatory measures, such as a 60-day payment commitment for car companies, are seen as steps to prevent financial misconduct and protect smaller enterprises [20]. - It is recommended that regulators implement a tiered management system for monitoring loss-making companies and closely scrutinize private enterprises to prevent excessive debt [21].
清盘只是开始，恒大好戏马上要登场