News for hackers. Stuff that matters.
Re:Evergrande shares plunge as much as 87% as trading resume... by FreshStart on Monday August 28, 2023 @02:09AM (#37290413)
Evergrand and other I-companies all tried to become "everything" companies.. They invested heavily into other parts of the Chinese economy. Like ecars, manufacturing etc. and these parts are now going bankrupt too. I guess the ccp has about one or two years left, it will not weather this storm. To many life savings, dreams and futures get crushed right now. One can not eat bitter forever.

There are no comments on this comment yet.