Evergrande isn't the only Stock suspended, were in for an interesting week ahead
(media.greatawakening.win)
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They ran out of money who paid who to blow up buildings... It makes no since.
"Running out of money" just meant that they don't have billions to spend. They still have millions.
Ok your going bankrupt why spend money to blow up buildings?
Property sells for much more if the new owner doesn't have to clean it up. I sold a house in another town once that was falling down. I didn't get much at all, because the buyer was going to have to remove everything down to the bare dirt and start over.
Ya but these were supposed new buildings, last I checked a new skyscraper should add some kind of value. Not like an old shitty house..
"The military is the only way" works for me.. 😁
Nah, Gen. Sum Ting Wong...
If I recall from the article: "they (evergrande) made the decision"... it could have been another arm of the corporate entity(managementco, or serviceco), or the ccp.