HK Honorable Judge order Xiasuay Evergrande to liquidation this morning....kym?

[k1976]

No different from the chiobu insurance/real-estate/sales agents

"Build Relationship" mah

 

[k1976]

Stock market going to BBQ soon. Time for me to unload?

Maybe Biden and Xi will launch another round of Global Meltup

 

[k1976]

https://www.scmp.com/video/scmp-exp...-dream-how-china-evergrande-rose-then-crashed

SCMP has started a beedio compilation for Evergrande saga

 

[k1976]

https://www.caixinglobal.com/2024-0...-milestone-for-property-crisis-102161620.html

From Caixin Global

 

[k1976]

XJP will not allow Evergrande to liquidate in China and HK. Simple reason is that they still have a million of home now completed yet. Country garden is still not doing any significant progress on their promises.
XJP is just a economic moron and he is a megalomaniac.

If Evergrande is to be let go, how about others smaller developer ? Are they going to go on default mode.
XJP is such a moron. He play political games and wipe out all his opponent. But dealing with default, economic depression, real estate trouble, jobless ness and weak demand isn't that straight forward. All those who opposed XJP can just be capture and be allowed to be disappeared anytime, but all the economy issues isn't that straight forward. He can't make it disappear as and when he likes it.

That is the best part of this Global Finacial Game......meltup coming with Biden and Xi National Teams are on Standby

 

[k1976]

Fucking bunch of prostitutes.

When they service u, u will feel like flying I. Heaven....better than Cik Syed 72 virgins

 

[k1976]

https://www.cnbc.com/2024/01/29/chi...overeign-wealth-fund-state-media-reports.html

China removes state media article on plans to merge bad debt asset managers with sovereign wealth fund​

PUBLISHED SUN, JAN 28 202411:07 PM ESTUPDATED 3 HOURS AGO

• The initial plan to put China Cinda Asset Management, China Orient Asset Management and China Great Wall Asset Management under the management of China Investment Corp would reportedly happen “in the near future,” Xinhua Finance had reported Sunday.
• Beijing’s actions follow a stock market rout amid burgeoning financial risks stemming from a debt crisis in its real estate sector

 

[k1976]

It cited unidentified sources as saying the plan to bring China Cinda Asset Management, China Orient Asset Management and China Great Wall Asset Management under CIC could happen “in the near future” as part of a plan to reform institutions.

No other details were provided.

The original story in Chinese appears to have been subsequently removed from Xinhua’s website later Monday and is no longer available online. China Investment Corp did not immediately respond to CNBC’s request for comment.

This initial announcement, along with another by China’s securities regulator on Sunday that it’s suspending the lending of restricted shares starting Monday, underscores Beijing’s pledge last week to strengthen the “inherent stability” of its capital markets and improve market confidence.

Beijing’s actions follow a stock market rout amid burgeoning financial risks stemming from a debt crisis in its real estate sector. Last week, China’s central bank announced its largest cut in mandatory cash reserves for banks since 2021. It also announced a fresh policy mandate aimed at easing the cash crunch for Chinese developers.