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 CHINA pumps money , evergrande stabilised?

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likefunyouare
post Sep 18 2021, 11:42 AM

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QUOTE(TruthHurts @ Sep 18 2021, 11:37 AM)
Then again .. Stock is not crypto and it's not traded world wide.

Once the stock of a company drop.. It will DROP hard until good news or something will happen just to bump the stock price a bit. Crypto however, when drop, people around the globe buy a lots cause there will be trend when it will rocket up.
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i thought crypto will go to zero

ZEROOOO
TruthHurts
post Sep 18 2021, 11:43 AM

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QUOTE(Syie9^_^ @ Sep 18 2021, 11:40 AM)
300K BTC. whistling.gif  whistling.gif
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BITCOING TO ZEROOOOOOOOOOOOOOOOOOOOOOooooooooooooooooooooooooooooooo !!!!
TruthHurts
post Sep 18 2021, 11:44 AM

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QUOTE(likefunyouare @ Sep 18 2021, 11:42 AM)
i thought crypto will go to zero

ZEROOOO
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I specify Bitcoin. I did not mention other crypto. Get your story straight.
likefunyouare
post Sep 18 2021, 11:45 AM

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QUOTE(TruthHurts @ Sep 18 2021, 11:44 AM)
I specify Bitcoin. I did not mention other crypto. Get your story straight.
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soli boss
Syie9^_^
post Sep 18 2021, 11:46 AM

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QUOTE(TruthHurts @ Sep 18 2021, 01:13 PM)
BITCOING TO ZEROOOOOOOOOOOOOOOOOOOOOOooooooooooooooooooooooooooooooo !!!!
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QUOTE(TruthHurts @ Sep 18 2021, 01:14 PM)
I specify Bitcoin. I did not mention other crypto. Get your story straight.
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NBDRE

Zero will be add to 3 + 0 + 0 + 0 + 0 + 0 + 0 brows.gif
TruthHurts
post Sep 18 2021, 11:50 AM

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QUOTE(Syie9^_^ @ Sep 18 2021, 11:46 AM)
NBDRE

Zero will be add to 3 + 0  + 0 + 0 + 0 + 0 + 0 brows.gif
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Impossibiru !! Math will never compute to this !!
arc_archive
post Sep 18 2021, 11:53 AM

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But with Evergrande default, it will be the first initiation of domino effects to the world economy especially Chyna. It will triggerred another recession. We're just back up from Covid n now this. Buy gold woi!!
SinzChan
post Sep 18 2021, 11:55 AM

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300bil debt company but pump 14bil cash into market to cushion the damage?

so it is confirm that evergrande going to the bankrupt route ady la
Syie9^_^
post Sep 18 2021, 12:03 PM

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QUOTE(TruthHurts @ Sep 18 2021, 01:20 PM)
Impossibiru !! Math will never compute to this !!
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NBDRE..still cheap now.
icon_idea.gif
ALeUNe
post Sep 18 2021, 12:04 PM

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It is not enough to pay USD300b of Evergrande's liabilities.

And Evergrande is the top real estate group in China.
You can expect the smaller ones are KNN'd like the big brother.

The real estate is one the pillars of China economy.



This post has been edited by ALeUNe: Sep 18 2021, 12:05 PM
ALeUNe
post Sep 18 2021, 12:05 PM

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QUOTE(RigorMortis @ Sep 18 2021, 10:25 AM)
divide by population that’s like $10 per person
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ALeUNe
post Sep 18 2021, 12:13 PM

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QUOTE(SouthernAllStar @ Sep 18 2021, 10:30 AM)
user posted image
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spursfan
post Sep 18 2021, 12:23 PM

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so, chinese gahmen expects turbulence in their stock market / financial system, but is not promising enough liquidity to fix the issue. am i reading this right?

how bad do you guys think it will be?
s@ni
post Sep 18 2021, 12:26 PM

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QUOTE(arc_archive @ Sep 18 2021, 10:29 AM)
Hutang 300billion usd but pump 14billion je?

Oii how bout the bank that fumding them? Makan pasir? If u hv money in HSBC, u betta m9ve it out as hsbc alrrady m9ved out from us. Better save than never..

China fast shot of development was based on overloaning. It times for the bubble to burst. Evergrande has 800 project that has yet completed in china alone with million r waiting to move to new house but in their dream wif evergraande is on the verge of collapsing.
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I ada cc HSBC saja.. Kalau dia collapse, cc hutang consider 0 kah. Hahahhaa
judas
post Sep 18 2021, 12:30 PM

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if biden desperate enough to call xi..
gut feeling evergrande gonna default..

btw pumping money into market is not bailing out the company.
arc_archive
post Sep 18 2021, 12:30 PM

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QUOTE(s@ni @ Sep 18 2021, 12:26 PM)
I ada cc HSBC saja.. Kalau dia collapse, cc hutang consider 0 kah. Hahahhaa
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Untong lew if they just turn into a dust woi.. hahaha
kamfoo
post Sep 18 2021, 12:58 PM

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All in
jcheong
post Sep 18 2021, 01:00 PM

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From: You spelt "Harbl" wrongly and it wasn't a typo
Yesterday one Evergrande buyer wanted to jump off level 14 and another took one of their staff as hostage, better do something now.
wotvr
post Sep 18 2021, 01:07 PM

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Oh no! I'm selling everything at open on Monday!
DarkNite
post Sep 18 2021, 01:12 PM

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QUOTE(SouthernAllStar @ Sep 18 2021, 10:30 AM)
user posted image
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Taiwan Mei Mei Numba wan .... oh wait ..... blush.gif
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