195 JUST IN: 🇨🇳 Billionaire Chairman of bankrupt Chinese property giant Evergrande has been arrested, Bloomberg reports. (watcher.guru) posted 1 year ago by UnvaxxedUnafraid 1 year ago by UnvaxxedUnafraid +195 / -0 China: Billionaire Chairman of Evergrande Arrested Hui Ka Yan, the Chairman of bankrupt property developer Evergrande has been arrested. Citing people familiar... 13 comments share 13 comments share save hide report block hide replies
You mean the chinese govt didnt just bail him out? So he could continue making privatized gains and socialized losses?
Over grand were his plans and he upset the investors whose demonstrations were suppressed by the CCP; to reduce how big the company was done by destroying many of the buildings.. too big to fail leaves the chat,,,