EVERGRANDE FACES DISSOLUTION TOMORROW. GLOBAL BANKS HOLD NEARLY $1 TRILLION IN #BONDS AND LOANS OF EVERGRANDE. IF BONDHOLDERS ON DEC 4TH DONT ACCEPT EG'S POOR SOLUTION, EG WILL BE FORMALLY DISSOLVED. ALL REMAINING ASSETS WILL BE SOLD OFF EN MASSE LEAVING AS LITTLE AS 0% TO 5% REPAYMENT TO DEBTORS😆
(twitter.com)
💥 BANK COLLAPSE 💥
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2 hours ago
China Evergrande liquidation hearing in Hong Kong court adjourned to January 29th
https://finance.yahoo.com/news/china-evergrande-seeks-adjournment-hong-014710945.html?fr=yhssrp_catchall
Damn
I know right, I was hoping to watch the fireworks, the ever"grand finale"