China Evergrande Group shares value virtually $1 billion appeared in Hong Kong’s Central Clearing and Settlement System. It’s a signal the founding father of the closely indebted property developer could also be pledging a part of his stake as collateral for loans. Stephen Engle reviews on “Bloomberg Markets: Asia.”
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AGAIN IT IS A BIG TIME TO GO A BIG SHORT CHINA!!!!:) SELL OFF CHINA YUAN + H.K$ + US$!!!!!!!!!!!! AND BUY GOLD!!!!!!! 🙂
AGAIN CHINA GDP GROWING SPEED CANNOT CATCH UP WITH ITS GROWING SPEED OF DEBT, HAVE BEEN BUILT MORE THAN 40 YEARS CONSECUTIVELY!!!!!!!
AS I'VE SAID MANY TIMES THAT FOR THE LAST 2 YEARS 2020 (+2.3%) + 2021 (7.8%) CHINA'S AVERAGE GROWTH GDP RATE IS JUST 5.05%!!!!!! FURTHERMORE IN 2022 ITS GDP GROWTH RATE WILL BE +(5.3%) THEN 3 YEARS CHINA GDP GROWTH RATE WILL BE 5.1% IN OTHER WORDS THERE ARE MORE AND MORE EVERGRANDE(S) ARE COMING TO HIT ITS FINANCIAL SYSTEM!!!!!!:)
YOU WILL SEE THAT THE US$ IS GOING TO WEAKEN FROM NOW MEANS CHINA ECONOMY IS GOING TO DEEPER SWAMP FROM NOW!!!!:) SEE? 2020 + 2021 + 2022 3YEARS CHINA AVERGAE GROWTH RATE WILL BE MUCH MUCH WAY BELOW THAN 6.0% WHICH IS A LAST DEFENSE LINE OF ITS DEBT – BOMB MEANS THERE IS NO WAY TO AVOID ITS NATIONAL DEFAULT!!!!!!! SORRY TO SAY BUT CHINA ECONOMY IS FINISHED WITH H.K!!!!!!! SELL OFF CHINA YUAN + H.K$ AND BUY GOLD!!!!!!:)
0 EXAGGERATION THAT CHINA'S PPI ( 10-13.5%) VS CPI ( 0%-1.5%)VS ITS UNEMPLOYMENT RATE (5.5% BASED ON CHINA GOVERNMENT OFFICIAL DATA), CHINA ECONOMY WITH THOSE FACTORS CANNOT BE SUSTAINABLE DUE TO TOOOOOOOOOO MUCH DEBT AND CHINA IS TOOOOOOOOO LATE TO STABILIZE ITS DEBT SITUATION THAT THE CURRENT US$ JUNK BOND RATE IS BETWEEN 20%-25% WHAT IS DIFFERENCE WITH ARGENTINA OR VENEZUELA??? CHINA IS A FAILED COUNTRY!!!!!!!!
DO THE MATH THAT CHINA JUNK BOND RATE BETWEEN 20% -25% WHICH IS A MUCH HIGHER RATE EVEN COMPARED TO ASIAN ECONOMIC CRISIS TIME IN THE LATE OF 1990S!!!! HOW ARE THOSE SOOOOOOO MANY EVERGRANDES IN CHINA FINANCIAL SYSTEM ABLE TO GO FURTHER FROM HERE?!!!!!!!!! WAKE UP!!!!!!!!!! AGAIN DO THE MATH!!!!! CHINA HAS NO OTHER OPTIONS BUT GOING TO NATIONAL BANKRUPTCY WITH H.K!!!!!!!!:)
CHINA PBOC CANNOT CUT FURTHER RRR NOR LOWERING ITS LPR BECAUSE CHINA FINANCIAL SYSTEM IS ALREADY SOOOOOOOO UNSTABLE NOW!!!!! AND WE WILL SEE US$'S DEPRECIATION MEANS CHINA'S EXPORT IN 4TH Q AND NEXT YEAR IS GOING SO WEAKER THAN NOW!!!!! YOU KNOW WHAT? EVEN BEIJING OLYMPICS IS SOOOOOOO BURDEN TO CHINA ECONOMY THAT'S WHY CHINA WANTS SOOOOO BADLY OTHER COUNTRIES NOT TO COME TO CHINA BECAUSE CHINA HAS NO MONEY TO DO THE WINTER OLYMPICS!!!!!! THAT IS TRUTH BETWEEN BIDEN AND XI!!!!!!
AGAIN MATH NEVER TELL YOU A LIE THAT MAYBE THINGS LIKE NPR ETC IT MAY GET YOU SOME PROFITS IN SHORT TERM BUT TOOOOOOOOOOO MUCH RISKY THING TO DO WITH THE JUNK BOND RATE MORE THAN 20%-25% AGAIN WHAT IS DIFFERENCE WITH ARGENTINA AND VENEZUELA??!:)
AGAIN CHINA JUNK BOND RATE IS BETWEEN 20%-25% THEN HOW IS IT POSSIBLE CHINA 10YR BOND YIELD IS UNDER 3.0%?!!!!!! SOOOOOO SKEWED…. PBOC IT'S TIME TO GIVE UP TO KEEP 3.0% NO MEANING BUT JUST WASTING MORE AND MORE US$ FROM YOUR RESERVE, INSTEAD MUCH BETTER TO SELL OFF US TREASURY!!!!!!!!!
WHETHER YOU AGREE OR NOT THE OIL PRICE IS GOING UP AND UP AND GOLD PRICE WILL BE MUCH MUCH MUCH HIGHER THAN NOW 1.8K$ TO 4K$ AND ULTIMATELY IT WILL BE BETWEEN 10K$-15K$!!!!!!:)
THE FACT IS THAT THE US FED'S REAL CHAIR FROM NOW ON IS LAEL BRAINARD!!!!!!:) BIDEN DID NOT WANT TO GIVE ANY SHOCK TO THE MARKET SO REAPPOINTED POWELL BUT AS A MATTER OF FACT THAT BRAINARD IS A REAL FED CHAIR TO CONTROL THE US FED!!!!! AGAIN IT'S TIME TO BUY GOLD BECAUSE MORE AND MORE INFLATION IS COMING TO HIT US ECONOMY!!!!!:)
NOW WE WILL SEE CRYPTO COINS FURTHER COLLAPSE AND US BOND YIELD IS NOT GOING UP THAT MUCH BECAUSE FED TAPERING IS NOT GOING FASTER THAN MARKET'S EXPECTATIONS!!!!! DEEPER STAGFLATION IS COMING TO HIT US ECONOMY THAT ONLY SOLUTION TO SOLVE THE STAGFLATION WITHOUT HIKING FED RATE IS TO INCREASE PRODUCTIVITY OF LABOR FORCE MEANS US MUST HAVE ROBOT + AUTOMATION SYSTEM + SMART FACTORY ETC, SHOULD BE MUCH FASTER THAN NOW!!!!!!
IN ANYWAY WE WILL HAVE DEEPER INFLATION AND THE US$ IS GOING WEAKER FROM HERE!!!!:) AGAIN IT'S TIME TO BUY GOLD!!!!! OIL PRICE IS ALSO GOING UP TO THE LEVEL OF 90$ BB/L AND IT WILL BE AROUND 130$ BB/L NEXT YEAR!!!!:)
NOW IT TOTALLY DEPEND ON ' PRODUCTIVITY MATTER'' OF US ECONOMY I MEAN THE NEW SUPER DOVISH US FED DOES NOT WANT TO HIKE ITS RATE NEXT YEAR THAT THE ONLY WAY TO NEUTRALIZE THE CURRENT HIGH INFLATION FROM OIL AND GAS + 0% RATE WITH SLOWER TAPERING IS TO INCRASE PRODUCTIVITY SO THAT THE SEVERE IMBALANCE BETWEEN PPI VS CPI VS WAGE GROWTH CAN BE RESLOVED!!!! AND TO INCREASE THE PRODUCTIVITY OF THE US ECONOMY IS THROUGH ROBOT + SMART FACTORY + AUTOMATION SYSTEM!!!!!!
IN ANYWAY CONGRATULATIONS SPECULATORS NOW WE HAVE A SUPER DOVISH US FED!!!!:) AGAIN IT'S TIME TO BUY GOLD!!!!:) DO THE MATH THAT CHINA CANNOT AVOID ITS NATIONAL DEFAULT WITH H.K!!!!!!!! CHINA'S DEBT PROBLEM DEFINITELY IS ONLY GOING TO MUCH WORSE THAN NOW!!!!!!!!!
CHINA IS A HUGE VENEZUELA THAT'S ALL!!!!! AGAIN IT'S TIME TO BUY GOLD!!!!! US$ CANNOT GO STORONGER THAN NOW!!!!!!!!!!!!
Whatever they raise won’t be enough for principal payments due next year.
O% EXAGGERATION THAT CHINA ECONOMY IS DONE!:) WHO DENIES THE FACT?!:) JUST A MATTER OF TIME ITS FINANCIAL SYSTEM IS GOING TO CRASH TOTALLY!:) THERE ARE TOOOOOOOOO MANY EVERGRANDES NOW MORE THAN 10-15!:)
The company is run like a real estate ponzi scheme. No wonder it's collapsing.
Chinese and china must be boycottes after chinese virus
Criticize CCP all you want, their government is handling this right, in forcing the owners/heads to cough up the funds from their personal ill gained wealth to cover the debt instead of letting them walk scot-free away from their financial obligations. US regulators award the bank executives that caused the financial crisis.
I will not expect Ever Grande's founder would be able to stay liquid even if he liquidate all his personal assets, but that is the price you pay for taking extreme leverage to growth your empire built on sand.
Public lynching of the company, and asking the CEOs to use their personal wealth to pay for their irresponsible actions.
A lesson for many countries.
I like that the CCP is making the rich owners pay for there mess. We in the west should have done this with the bankers. If you take high risks they should be direct consequences.
Trying to catch a falling knife.
They do realize that their personal finances will not be enough considering their companies debt loads exceed all of that
Evergrande is being delisted
SAVE YOUR MONEY AND INVESTING IT INTO STOCK MARKET WILL BE THE WISEST THING TO DO TO ENSURE SUCCESS.
Bye Bye China 👋
Greedy and mismanagement are the answers.
Why should China Gov burn their people tax Payer money for this Greedy Tycoon or company?
LET it down.
It is much better China Gov payback the individual buyers or other companies whom Evergrande failed to pay.
Hezekiah 5 (all) something is wrong with the land I think. Sorcery seems abound. Stay in the Father's house. Look up the land of Shinar and see what that represents. What does Jesus call a thief? Stay in the Father's house. Share this with others. I am also having sleepless nights and sorcery attacks. The two other Abrahamic houses will struggle with this passage…..
It looks like the founders are taking the lifeboats and trying to liquidate their stakes while they are still worth something. Shares as collateral for loans are a stupid concept, because when they go bankrupt, the shares will be worth zit and will be useless as collateral, so it doesn't make sense at all to do that for a bank.
Evergrande is an Avalanche raging down Mt. Everest you will never stop it…you can bet on cheap construction in all their endeavors no one will buy their products…
Is there a difference between Evergrande Group and US economy, except that US does not have a debt limit and with no plans to ever clear the debt? Is it not the downfall of capitalism as we know it?
guys it is not going to default! Chinese Government will do something at the end, FOR SURE!
delays and damage control.
Aqui conmigo no at perdon cabrones todos cabrones aqui yo Mando
Todos cabrones aqui nada de nada cabrones sorpresa para todos cabrones al pinche vote jail nada de cash
Back in the day when Citibank was collapsing it was USD$1 per share. How different is Evergrande? And mind you the govt while not directly bailing them out, is providing some credit relief in the form of local banks not pressuring them to make payments for them to afford some cashflow. I think it's a mistake investors are so frightened.
Real News we Trust in Canada………..more on Evergrande Please.
OH ME ME ME Please let me buy these shares OMG opportunity of a lifetime folks!
Construction re-started with what? You do realize that China hasn't figured out that federal reserve notes don't make good wealth management products?
They pay in three: today not, tomorrow not and never not!