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World [email protected]English • 9 months ago

What’s next for Hui Ka-yan after China slapped Evergrande with a 4.2 billion yuan fine and banned him from the markets for life?

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What’s next for Hui Ka-yan after China slapped Evergrande with a 4.2 billion yuan fine and banned him from the markets for life?

@[email protected] to

World [email protected]English • 9 months ago

What’s next for Hui Ka-yan after penalty and lifelong market ban?

Evergrande, which has the dubious honour as the world’s most indebted developer with more than US$300 billion of liabilities, stands accused of inflating its revenue in the years leading up to its collapse.

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@Kbobabob
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-2•9 months ago
I don’t really care. Do you?
- @[email protected]OP
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  5•9 months ago
  Nope, but it is interesting to see the difference between how a capitalist gov and a socialist gov handle a real estate crisis