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ChiComms have put another bank in trouble: Bank of Jinzhou said on Thur that it's in talks with multiple parties for possible strategic investment, and that it is operating normally. It's reported local regulators recently met financial institutions in Liaoning province to discuss the bank's liquidity problems. — YUAN TALKS (@YuanTalks) July 25, 2019 Developers having their credit lines pulled: An update here. Another 3 developers declared bankruptcy on Thursday, bringing the number to 274 and 37 in July alone. https://t.co/gxy1I5nrS1 — YUAN TALKS (@YuanTalks) July 25, 2019 Not looking good....
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ChiComms have put another bank in trouble: Bank of Jinzhou said on Thur that it's in talks with multiple parties for possible strategic investment, and that it is operating normally. It's reported local regulators recently met financial institutions in Liaoning province to discuss the bank's liquidity problems. — YUAN TALKS (@YuanTalks) July 25, 2019 Developers having their credit lines pulled: An update here. Another 3 developers declared bankruptcy on Thursday, bringing the number to 274 and 37 in July alone. https://t.co/gxy1I5nrS1 — YUAN TALKS (@YuanTalks) July 25, 2019 Not looking good....
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Mike Norman considers the following as important:
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ChiComms have put another bank in trouble:
Bank of Jinzhou said on Thur that it's in talks with multiple parties for possible strategic investment, and that it is operating normally.— YUAN TALKS (@YuanTalks) July 25, 2019
It's reported local regulators recently met financial institutions in Liaoning province to discuss the bank's liquidity problems.
Developers having their credit lines pulled:
An update here.— YUAN TALKS (@YuanTalks) July 25, 2019
Another 3 developers declared bankruptcy on Thursday, bringing the number to 274 and 37 in July alone. https://t.co/gxy1I5nrS1
Not looking good....