Problems at China's indebted property developer Evergrande have escalated in recent weeks.
Evergrande owns more than 1,300 real estate projects in over 280 cities in China, according to the company's website. In recent days, protests by angry home buyers and investors have broken out in various cities in China, Reuters reported.
The government is clear on its goal of maintaining social stability, and that means putting home buyers first, according to the portfolio manager.
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