12-04-2024, 01:10 PM
(12-04-2024, 09:37 AM)Comateaserteam Wrote: Ping An said about 3 weeks ago its bottom line affected by the market and net income fell 30%.
https://www.bloomberg.com/news/articles/...nvestments
Nobody expected it to be this bad until this news came out. One of its subsidiaries is one of the biggest property bondholders in China.
https://www.reuters.com/world/china/ping...024-04-11/
Ping An such a big company ...cannot make payment will have serious repercussions on the Chuna economy.
HSai and China markets falling ..very unwise to hold under such circumstances.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.