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After lurching from deadline to deadline, China Evergrande Group is again on the brink of default, with pessimistic comments from the property developer raising expectations of direct state involvement and a managed debt restructuring.
Having made three 11th-hour coupon payments in the past two months, Evergrande will again face the end of a 30-day grace period on Monday, with dues this time at $82.5 million. A statement late on Friday saying creditors had demanded $260 million and that it could not guarantee enough funds for coupon repayment prompted authorities to summon its chairman - and wiped an eighth off its stock's market value on Monday.
Evergrande was once China's top-selling developer but is now grappling with more than $300 billion in liabilities, meaning a collapse could ripple through the property sector and beyond. Authorities in its home province of Guangdong, saying they would send a working group to Evergrande at the developer's request to oversee risk management, strengthen internal control and maintain operations.
- Evergrande has been at the risk of defaulting since June due to risky business practices.
- Evergrande total debt amount to that of $300 billion in liabilities
- Despite repeated reassurance given by the China authorities, fear of Evergrande default which might lead to the eventual collapse of the housing market in China and further implicate the global economy continues to weigh heavily on the current global markets.
$金沙中国有限公司 (01928.HK)$
If you wish to leverage on this, continue using DLCs
5x short $Sands 5xShortSG220315 (DDNW.SG)$
5x long $Sands 5xLongSG221013 (DKTW.SG)$
Having made three 11th-hour coupon payments in the past two months, Evergrande will again face the end of a 30-day grace period on Monday, with dues this time at $82.5 million. A statement late on Friday saying creditors had demanded $260 million and that it could not guarantee enough funds for coupon repayment prompted authorities to summon its chairman - and wiped an eighth off its stock's market value on Monday.
Evergrande was once China's top-selling developer but is now grappling with more than $300 billion in liabilities, meaning a collapse could ripple through the property sector and beyond. Authorities in its home province of Guangdong, saying they would send a working group to Evergrande at the developer's request to oversee risk management, strengthen internal control and maintain operations.
- Evergrande has been at the risk of defaulting since June due to risky business practices.
- Evergrande total debt amount to that of $300 billion in liabilities
- Despite repeated reassurance given by the China authorities, fear of Evergrande default which might lead to the eventual collapse of the housing market in China and further implicate the global economy continues to weigh heavily on the current global markets.
$金沙中国有限公司 (01928.HK)$
If you wish to leverage on this, continue using DLCs
5x short $Sands 5xShortSG220315 (DDNW.SG)$
5x long $Sands 5xLongSG221013 (DKTW.SG)$
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$阿里巴巴-W (09988.HK)$ 如果今天跌破120美元,今晚在美国市场上会出现大规模的中国股票抛售。
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$Grab Holdings (GRAB.US)$ 这就是为什么新加坡人不能拥有好东西。你们有一家本土公司在市场上上市,但人们做的却是压低公司股价并对公司进行批评,其中包括不满的Grab司机。你们期望一家公司在你们搭乘时一直给予折扣并且仍然赚钱,而Grab司机则认为这家公司想压榨他们的收入,实际上在这个被新冠疫情打击的不景气市场中,这是由于吝啬的乘客推动的。
该公司为来自各行各业的人们提供了工作机会,让他们有自由管理时间的选择。有人对消费者的期望是一切都能完美运作,这其实是一种非常错误的自我权利观念。提供服务的人是自雇的服务提供者,公司只提供了平台。
这就是为什么该公司需要从其他地方而不是新加坡市场筹集资金。
该公司为来自各行各业的人们提供了工作机会,让他们有自由管理时间的选择。有人对消费者的期望是一切都能完美运作,这其实是一种非常错误的自我权利观念。提供服务的人是自雇的服务提供者,公司只提供了平台。
这就是为什么该公司需要从其他地方而不是新加坡市场筹集资金。
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$Grab Holdings (GRAB.US)$ 整个企业结构都是由为您辛勤付出血汗和健康的驾驶员/合作伙伴支撑的。然而,您付给他们的报酬微不足道,甚至为了他们忘记在您创建的愚蠢应用程序中输入的小ERP费用而与他们计较。 您为开发人员和数据科学家支付巨额薪水,让他们在办公室里轻松愉快地度过时间。 一个每天驾驶12小时的勤奋司机甚至无法赚取您支付给他们的分文! 您第一天IPO失败是对您所谓的“负责任”公司治理的重大警示
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$Grab Holdings (GRAB.US)$ 有人想解释一下现在发生了什么吗?
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$Altimeter Growth Corp (AGC.US)$ 请问兑换比率是多少?1个AGC股份可以兑换多少Grab股份?
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