Evergrande shares plunge as much as 87% as trading resumes after 17 months
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Re: Evergrande shares plunge as much as 87% as trading resumes after 17 months
#2[dead]
Re: Evergrande shares plunge as much as 87% as trading resumes after 17 months
#3It seems that there are no more assets left for Evergrande to sell.
Re: Evergrande shares plunge as much as 87% as trading resumes after 17 months
#4Feels bad for the people paying mortgages for homes they’ll never get to see. They can’t just stop paying either. Doesn’t work that way.
Re: Evergrande shares plunge as much as 87% as trading resumes after 17 months
#5That’s a company name that didn’t age well.
Re: Evergrande shares plunge as much as 87% as trading resumes after 17 months
#6That’s a company name that didn’t age well.
[deleted]
Re: Evergrande shares plunge as much as 87% as trading resumes after 17 months
#7Feels bad for the people paying mortgages for homes they’ll never get to see. They can’t just stop paying either. Doesn’t work that way.
Government needs to step in and investors need to write it as a total loss.
Making people pay could collapse the entire economy.
Re: Evergrande shares plunge as much as 87% as trading resumes after 17 months
#8[flagged]
Re: Evergrande shares plunge as much as 87% as trading resumes after 17 months
#9[dead]
Re: Evergrande shares plunge as much as 87% as trading resumes after 17 months
#10[flagged]
In what sense was the Evergrande situation caused by geopolitics? I was under the impression causes and effects were wholly domestic.