Yesterday one Evergrande buyer wanted to jump off level 14 and another took one of their staff as hostage, better do something now.

Repair the bubble so it burst later make sense?

That just delay the inevitable

So far ccp already dump 100 billion.
And i think there west are aware that 300 billion isn't an issue for China, China and Hong Kong reserves are considered together, the total is $3.87 trillion.

= 3870 billion. That's why no shark in the west dare to make any move attacking the markets. We don't know what's ccp stands and how's the talk between the owner and xi goes.

But most chinis treats real estate as investment and bought 2 -3 flat for themselves and now rather than appreciate it depreciate like properties on Cyberjaya & JB. How?

Have you ever meet a human? They ain't that kind hearted and accept personal sacrifice for the ' greater good'.

BN doing the softening of properties speculation activities back then also kinda one of the reasons why they kena tendang out.

ccp will not bail out evergrande, it'll set a bad precedent that the ccp gomen can be messed around with if corporations are too big to fail.

people are gonna be very upset when this compnany goes belly up and the owner (xu) will be an ideal scapegoat for ccp to put on the chopping board to appease the crowd + to warn other big corpos not to overleverage. some normal folks gonna be collateral damage sadly.