Evergrande HQ being raided by police the Pile of poo is hitting the fan.

nice, lets get the crash going please

The Evergrande Group or the Evergrande Real Estate Group is China's second-largest property developer by sales, making it the 122nd largest group in the world by revenue, according to the 2021 Fortune Global 500 List

Maybe there is another protest going on, and the police are there to arrest protestors.

There was a big protest by the investors 3 days ago.

[link to news.in-24.com (secure)]
Around 100 angry investors stormed the headquarters of the Chinese crisis group China Evergrande. They gathered in the lobby of the building in the Chinese metropolis of Shenzen on Monday and asked for their money back.

Big Wang wants his money back

That company is over 300 BILLION in debt.

[link to www.nationandstate.com (secure)]

Suk Mi Wang said Sum Ting Wong stole it.

The Evergrande crisis may bring bankruptcy and investor loss, but in the long run it could lead to more efficient allocation of capital, says Ben Powell of BlackRock Investment Institute.

Didn't the congress just pass a bill against selling of real astate to foreign contries

Can someone give this moran a clue as to what the hell all of this is about? Derp!

This

Cliff notes please

America would have just bailed them out.

300 billion is pocket change

Same.

Explain.

We all know NOTHING gets past the Chinese Firewall unless its allowed. So this is either fake, or the ChiComs are releasing this video on purpose.

So, who profits?

Blackrock or Vangaurd might bail them out, but I dont think China would ever allow that to happen.

We'll make a computer entry payable by American tax payers, borrow the money from China and give it back to them as US Aid!

The Chinese police have found the location of the one GLP member from China.

300 billion may be "pocket change" to some unless it's leveraged up to $30 trillion in the derivatives market prior to wiping out Deutsche Bank, Bank of America, and/or any other major financial firms tied to the same derivatives domino game.

300 billion $ gone

maybe flushed through Bitcoin to some offshore islands

like the last US housing real estate market

it is about to collapse, this time for real

just 1000% worse

LOL

They stole my lollypop.

CCP leveling the playing field

Timing is wonk.

Seems more likely an attempt to bill right before the collapse.

This is China's Lehman Brothers moment!

Got Gold?

I'm sure this has no connection to why Soro's just recently soured on China, and they in turn called him the anti Christ!