The Impact of the Liquidation of Evergrande Group

This article briefly explains the current situation of the Evergrande group (especially after the liquidation). This paper finds the possible relationship between the operation problems and the bankruptcy situation in the Evergrande group. In addition, the causes of the liquidation and bankruptcy would also be discussed. The research method used in this article would mainly be literature review. This paper briefly summarizes the previous study project and try to draw a conclusion. Moreover, some data-based analysis (mainly focused on the balance sheet of the Evergrande group which can briefly show the development trend of the company) would also be included in this study. Finally, this paper reaches the conclusion that there was an existing insufficient management that causes the final consequence. The group actually had set the goal of cutting the expenditure early to 2017. However, although Evergrande group had fully realized it problem, the manager failed to achieve its objective.