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World News@lemmy.mlEnglish · 1 year ago

What’s next for Hui Ka-yan after China slapped Evergrande with a 4.2 billion yuan fine and banned him from the markets for life?

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What’s next for Hui Ka-yan after China slapped Evergrande with a 4.2 billion yuan fine and banned him from the markets for life?

Alsephina@lemmy.ml to

World News@lemmy.mlEnglish · 1 year ago

What’s next for Hui Ka-yan after penalty and lifelong market ban?

Evergrande, which has the dubious honour as the world’s most indebted developer with more than US$300 billion of liabilities, stands accused of inflating its revenue in the years leading up to its collapse.

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Kbobabob@lemmy.world
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1 year ago
I don’t really care. Do you?
- Alsephina@lemmy.mlOP
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  1 year ago
  Nope, but it is interesting to see the difference between how a capitalist gov and a socialist gov handle a real estate crisis

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