China cheat everywhere...wats news...
If you look at China property prices fell by 6-8% yet half the top 50 developers collapsed
By right it should be a liquidity issue meaning they have alot of land and property but because market volume is so slow they cannot service debt....
But many like Evergrande the assets and money is gone creating a big hole because the people running it siphoned the money.
How can China property be revived when this happened? All their money has just gone overnight.
This listed heavy weight company announced tt they r restricting customers with withdrawing money. Their stock price plunged when this news was announced. The writer assumed tt customers might lose the deposit of about RMB $1.0 billion.
https://k.sina.cn/article_5170894003_134...om=finance&kdurlshow=1&sinawapsharesource=newsapp&wm=3200_0024
china cheat lied and steal
Third world china is already bankrupt and have no money.
Ah tiongs are so poor they can't even survive. Why do you think so many of them fleeing to USA? LOLOLOLOL!
Wumao sure not happy
(25-06-2024, 02:23 PM)grotesqueness Wrote: [ -> ]china cheat lied and steal
dont honour their words
from party to govt companies n man in the street.
everything in china is fake except scammers cheaters are 110% real
Another listed company called Yardley(亿利) having the managing director run road. This time he run away with 6.2 billion yuan. The company’s share has stopped trading. Dun know how many pple suffered losses.
https://finance.sina.cn/2024-07-01/detai...ce=newsapp&wm=3200_0024
(09-06-2024, 11:32 PM)revealer Wrote: [ -> ]Gone bankrupted. They found the company’s No 2 asconded a few billions and run road.
https://k.sina.cn/article_5946180155_162...l?from=job&sinawapsharesource=newsapp&wm=3200_0024
Too late, should have find out earlier,, now fiound out what can they do..