China Evergrande Group (3333)

If they fail, huge trouble is coming

Why? This makes zero sense.

such recovery helps property sector too, China manufacturing PMI inches closer to expansion in August

grab more, Evergrande Property Services Group, the property-management affiliate of embattled China Evergrande Group, reported a big jump in first-half profit.Net profit attributable to the owners of the company for the six months to June rose 43 per cent to 781.3 million yuan (US$107.4 million), according to a filing to the Hong Kong stock exchange on Thursday night. Revenue rose 6.2 per cent to 6.1 billion yuan.

standby for sudden surge again, Guangzhou on Wednesday became the first major Chinese city to announce an easing of mortgage curbs as the government ramps up efforts to revive the crisis-hit property sector and shore up the sputtering economy.

one more shakedown then we start buying together with informed players

shimao, aoyuan, evergrande. proly will all resume trading in the end. results published. debt scheme put to vote (tin can, see below). too big to fail. yet too rotten to continue. will resume and live a zombie. debt holders will never be repaid but the debt tin can kicked down the road eternally. question for investors is how much face value gets wiped off when they resume

supposedly this is getting removed on the 16th at zero.

A piece of used toilet paper is worth way more than EG. But obviously it can't be let go before certain parties try to dump their bonds etc.Good luck.

Default? News bring deleted, this is huge!