evergrande

Sukairain

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Straiya
It's what I've always said about China, it's fukking Potemkinville over there. It's all lies, it's all fake, it's just a simulacrum of power and prosperity. The reality is starting to get exposed now.

And people really think they can win a war against anybody except their small and weak east Asian neighbours :mjlol: it's one thing to bully Philippines and Vietnam, it's another thing to take on the Quad
 

Geek Nasty

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South Kakalaka
The American experiment of hyper individualism is a massive failure. Putting individual rights over the collective good was always bound to backfire eventually.
The problem is the Libertarian revolution that’s been telling Americans for the past 50 years “fukk everybody else I got mine”
 

bnew

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Shares of China Evergrande and property services unit suspended - HKEX

Shares of China Evergrande and property services unit suspended - HKEX
By Reuters Staff

1 MIN READ

HONG KONG, Oct 4 (Reuters) - Trading in shares of debt-laden China Evergrande was suspended on Monday after it missed a key bond interest payment last week, its second offshore debt obligation in a week, with market watchers jittery as the group’s troubles unravel.

Shares of its unit Evergrande Property Services Group were also suspended, according to the Hong Kong stock exchange.

With liabilities equal to 2% of China’s GDP, Evergrande has sparked concerns its woes could spread through the financial system and reverberate around the world, though worries have eased somewhat after the central bank vowed to protect homebuyers’ interests.
 
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