[sgbuffett]

https://www.theguardian.com/business/202...adow-banks

[Omnipresent88]

https://youtu.be/aBaP-ObRixE?si=KJpDBY94XCZ5bvt_

Ahbutt the ultimate amdk arse lickers stooge’s you don't know meh your daddies looting and stealing culture decaying cuntries liao lah! LMAO

[teaserteam]

Many of the shadow banks are related to State Governments and these shadow banks are involved heavily in real estate.

The shadow bank, which traditionally had sizable real estate exposure, missed payments on dozens of so-called trust products since late July, roiling markets and raising fears that China's financial system may be at risk from the property sector crisis.

Angry retail investors in Zhongrong's trust products last month held protests in Beijing and lodged complaint letters with regulators, pleading with the authorities to step in after the missed payments.

https://www.investing.com/news/economy/c...rce=google&utm_medium=cpc&utm_campaign=20958948367&utm_content=688262005160&utm_term=dsa-1456167871416_&GL_Ad_ID=688262005160&GL_Campaign_ID=20958948367https://www.investing.com/news/economy/chinese-state-firms-help-to-troubled-shadow-bank-does-little-to-address-investor-concerns-3176317?utm_source=google&utm_medium=cpc&utm_campaign=20958948367&utm_content=688262005160&utm_term=dsa-1456167871416_&GL_Ad_ID=688262005160&GL_Campaign_ID=20958948367&ISP=1&npl=1&gad_source=1&gclid=CjwKCAiA8sauBhB3EiwAruTRJjuXB_JJYnzNTJyCU9JlR2esn7vbT9zljbT3LOEWhSguXk5uAMu_VBoCG2UQAvD_BwE 

[cityhantam]

China has already collapsed many years ago liao!

How to have any more "shadow"? 

[talky]

Many of the shadow banks are related to State Governments and these shadow banks are involved heavily in real estate.

yzj finance was n is still in this business that why dont listen to analysts buy on value investing  basis

[Purikura]

Everything is struggling and dying in third world china.

Their banks all have no money and ah tiong cannot even withdraw their savings LOLOLOL!

End up alot of ah tiongs have to beg on the street for money. Alot of them are dying from hunger. Third world country is really third world.

[webinarian]

 
China banks struggling but US banks collapsed.   

Why leh?   


        
.

[teaserteam]

yzj finance was n is still in this business that why dont listen to analysts buy on value investing  basis

YZJ Finance might be the lucky one with little exposure to those real estate developers or owners who were in trouble.  Others like  Zhongzhi Enterprise Group or Sichuan Trust were not so lucky.

China has one of the largest shadow banking industries with approximately 40% of the country's outstanding loans tied up in shadow banking activities according to this wiki.

https://en.wikipedia.org/wiki/Shadow_banking_in_China

Understand US has the largest number of shadow banks in the World, they might be in trouble too if there is a serious property crisis in the US.