Evergrand's Three Red Lines Policy

The three red lines policy has been in place for over a year. It was supposed to make the real estate sector safer and cut down on levers there. But it seems like people weren't really paying attention to it until potentially the summer. And suddenly it, it kind of exploded into the public consciousness. The stock went from 13 dollars to 20 dollars in the space of probably six weeks. That's not exactly something which is terribly encouraging. I think that people were complasant because they thought things would get better. Things just snowballed out of control ashar says.