Love hate relationship with evergrrande
$MINSHENG BANK(01988.HK$
$EVERGRANDE(03333.HK$
it’s seriously not pretty to look at 03333 which dropped from over 10HKD to current price, as one of the affected bank I think $MINSHENG BANK(01988.HK$ must be having a tough time too.
nevertheless I don’t see it bankrupting etc it’s just a matter of how long we are going to wait. I think Chinese government is giving a hard punch on many sectors amid the BRI. I think more capital/Chinese investment will be going overseas in the coming years.
$EVERGRANDE(03333.HK$
it’s seriously not pretty to look at 03333 which dropped from over 10HKD to current price, as one of the affected bank I think $MINSHENG BANK(01988.HK$ must be having a tough time too.
nevertheless I don’t see it bankrupting etc it’s just a matter of how long we are going to wait. I think Chinese government is giving a hard punch on many sectors amid the BRI. I think more capital/Chinese investment will be going overseas in the coming years.
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71403390 : Trying to ease your loss by making other bag holders?
PD WhiteOP 71403390: Where is that coming from?