Posted by qqq47660 > 2023-11-24 10:54 | Report Abuse

American advantage for the 1% not for the 90% .....and getting worse for America

Posted by foongsh > 2023-11-24 11:42 | Report Abuse

Posted by IDQWE001 > 1 hour ago | Report Abuse

1. Kong Dongmei, granddaughter of Mao Zedong
2. Deng Zhifanf, son of Deng Xiaoping
3. Deng Zhuodi, grandson of Deng Xiaoping
4. Zhuo Yue, granddaughter of Deng Xiaoping
5. Jiang Mianheng, eldest son of Jiang Zemin
6. Jiang Zhicheng, grandson of Jiang Zemin
7. Hu Haiqing, daugter of Hu Jintao
8. Xi Mingze, daugter of Xi Jinping
9. Yang Jiechi, senior member of CCP entire family
10. too many just ignore the rest

From the crisis of Zhongzhi and Evergrande could explain the above CCP 2nd & 3rd generation red guard army so rich and migrated to America.

CCP sucking the blood of local Chinese and made America great again. Lol.

Posted by qqq47660 > 2023-11-24 12:13 | Report Abuse

DPP Taiwan still western dogs.

Posted by IDQWE001 > 2023-11-24 13:44 | Report Abuse

CCP dogs of America, sucking the blood of local Chinese and made America great again

Posted by qqq47660 > 2023-11-24 13:47 | Report Abuse

u want peace in the world, improve yourself. Don't try to change or talk bad of China.

Posted by IDQWE001 > 2023-11-24 13:48 | Report Abuse

CCP also dog of evil Putin surrender thousands of years ancient Chinese Far East Land to Russia.

Posted by angrycat > 2023-11-24 13:49 | Report Abuse

US sanctions on Chinese tech have backfired — leading to accelerated progress by China’s domestic chipmakers (SMIC) and a revival of Huawei. China bashing’s strategic miscalculations have resulted in precisely the opposite of what Washington sought!

Posted by IDQWE001 > 2023-11-24 13:55 | Report Abuse

Posted by foongsh > 2 hours ago | Report Abuse

Posted by IDQWE001 > 1 hour ago | Report Abuse

1. Kong Dongmei, granddaughter of Mao Zedong
2. Deng Zhifanf, son of Deng Xiaoping
3. Deng Zhuodi, grandson of Deng Xiaoping
4. Zhuo Yue, granddaughter of Deng Xiaoping
5. Jiang Mianheng, eldest son of Jiang Zemin
6. Jiang Zhicheng, grandson of Jiang Zemin
7. Hu Haiqing, daugter of Hu Jintao
8. Xi Mingze, daugter of Xi Jinping
9. Yang Jiechi, senior member of CCP entire family
10. too many just ignore the rest

From the crisis of Zhongzhi and Evergrande could explain the above CCP 2nd & 3rd generation red guard army so rich and migrated to America.

CCP sucking the blood of local Chinese and made America great again. Lol.

Biden praised CCP and thanks for the contribution because those 2nd & 3rd red guard army were the great contributors to America.

Posted by IDQWE001 > 2023-11-24 14:15 | Report Abuse

US Chip Ban Fallout Spreads as Alibaba Scraps Cloud Spinoff
- Tencent also sees impact on cloud operations from US AI curbs
- Washington’s new rules affecting China’s private enterprise

SMIC could not even manufacture advance computer game chips.

Posted by qqq47660 > 2023-11-24 14:37 | Report Abuse

China will be ok. What don't kill China will make China stronger

Posted by qqq47660 > 2023-11-24 14:40 | Report Abuse

China will find a solution to its current problems. China always do.

Posted by IDQWE001 > 2023-11-24 14:41 | Report Abuse

Asian shares were dragged lower by losses in China on Friday and in the absence of guidance from Wall Street, which was closed for the Thanksgiving holiday, while the dollar stayed on the back foot and Treasury yields climbed a touch.

qqq did not give guidance to CCP stocks ? why still wait for Wall Street.

Posted by IDQWE001 > 2023-11-24 14:44 | Report Abuse

HSI : 17610

Taiwan Weighted: 17310

Very soon will take over. CCP tak boleh bagai.

Posted by MattSon > 2023-11-24 15:31 | Report Abuse

wah insolvent, CCP dont want to save ah?

Posted by TopKey > 2023-11-24 15:59 | Report Abuse

CCP only save their own pocket

Posted by qqq47660 > 2023-11-24 16:34 | Report Abuse

Top...
Very dangerous to be corrupt in China. Can get head chop off very fast.

Posted by qqq47660 > 2023-11-24 16:35 | Report Abuse

Xi jinping tell the youth....if u want to get rich don't join CPC

Posted by qqq47660 > 2023-11-24 16:36 | Report Abuse

It's incredible how China can change so much in just 10 years.

Posted by IDQWE001 > 2023-11-24 16:51 | Report Abuse

Changes not seen for hundred years - entire real estate market bubble burst.

Changes not seen for hundred years - more and more developer founders go to jail.

Changes not seen for hundred years - homebuyers no home to stay with bad debts.

Changes not seen for hundred years - banking system loan to developers became non performance loan

Changes not seen for hundred years - ministers gone missing kena ISA worse than 3rd world coutries

Changes not seen for hundred years - Wealth management funds bad debts in human history record

Changes not seen for hundred years - CCP 2nd and 3rd generation red guard army made America great again.

Yes, many changes not seen for hundred years.

Posted by IDQWE001 > 2023-11-24 16:58 | Report Abuse

Dictator Xi's daugter got very rich when she was very young. Enjoy her US dollar in America.

Dictator Xi's sister and brother in Law very rich too. Both of them enjoy Canadian dollar in Canada.

Posted by qqq47660 > 2023-11-24 17:14 | Report Abuse

Very risky to be corrupt in China. Can get head chop off any time.

So many rich people, so many ceo, so many high ranking CPC officials arrested for corruption. Don't play play. Not worth it.

Posted by qqq47660 > 2023-11-24 17:17 | Report Abuse

U want to be corrupt...Malaysia safer to be corrupt. The laws of Malaysia favour the rich.

Posted by foongsh > 2023-11-24 17:28 | Report Abuse

Posted by IDQWE001 > 3 hours ago | Report Abuse

Posted by foongsh > 2 hours ago | Report Abuse

Posted by IDQWE001 > 1 hour ago | Report Abuse

1. Kong Dongmei, granddaughter of Mao Zedong
2. Deng Zhifanf, son of Deng Xiaoping
3. Deng Zhuodi, grandson of Deng Xiaoping
4. Zhuo Yue, granddaughter of Deng Xiaoping
5. Jiang Mianheng, eldest son of Jiang Zemin
6. Jiang Zhicheng, grandson of Jiang Zemin
7. Hu Haiqing, daugter of Hu Jintao
8. Xi Mingze, daugter of Xi Jinping
9. Yang Jiechi, senior member of CCP entire family
10. too many just ignore the rest

From the crisis of Zhongzhi and Evergrande could explain the above CCP 2nd & 3rd generation red guard army so rich and migrated to America.

CCP sucking the blood of local Chinese and made America great again. Lol.

Biden praised CCP and thanks for the contribution because those 2nd & 3rd red guard army were the great contributors to America.

All these CCP been proven proudly and successfully corrupted. Corruption is the nature of CCP and migrate to the Westerns.

Posted by qqq47660 > 2023-11-24 18:42 | Report Abuse

DPP of Taiwan needs to be eliminated

Posted by IDQWE001 > 2023-11-24 18:45 | Report Abuse

Posted by foongsh > 1 hour ago | Report Abuse

1. Kong Dongmei, granddaughter of Mao Zedong
2. Deng Zhifanf, son of Deng Xiaoping
3. Deng Zhuodi, grandson of Deng Xiaoping
4. Zhuo Yue, granddaughter of Deng Xiaoping
5. Jiang Mianheng, eldest son of Jiang Zemin
6. Jiang Zhicheng, grandson of Jiang Zemin
7. Hu Haiqing, daugter of Hu Jintao
8. Xi Mingze, daugter of Xi Jinping
9. Yang Jiechi, senior member of CCP entire family
10. too many just ignore the rest

From the crisis of Zhongzhi and Evergrande could explain the above CCP 2nd & 3rd generation red guard army so rich and migrated to America.

CCP sucking the blood of local Chinese and made America great again. Lol.

Biden praised CCP and thanks for the contribution because those 2nd & 3rd red guard army were the great contributors to America.

All these CCP been proven proudly and successfully corrupted. Corruption is the nature of CCP and migrate to the Westerns.

America welcome CCP suck more local Chinese bloods and migrate there. Make America great again.

Posted by angrycat > 2023-11-24 19:21 | Report Abuse

DPP regime in Taiwan is far more corrupt than anybody else in China

Posted by angrycat > 2023-11-24 19:22 | Report Abuse

Approval rating for DPP is about only 30%

Posted by angrycat > 2023-11-24 19:23 | Report Abuse

Unfortunately the opposition cannot unite to bring down DPP

Posted by foongsh > 2023-11-24 21:08 | Report Abuse

Posted by IDQWE001 > 2 hours ago | Report Abuse

1. Kong Dongmei, granddaughter of Mao Zedong
2. Deng Zhifanf, son of Deng Xiaoping
3. Deng Zhuodi, grandson of Deng Xiaoping
4. Zhuo Yue, granddaughter of Deng Xiaoping
5. Jiang Mianheng, eldest son of Jiang Zemin
6. Jiang Zhicheng, grandson of Jiang Zemin
7. Hu Haiqing, daugter of Hu Jintao
8. Xi Mingze, daugter of Xi Jinping
9. Yang Jiechi, senior member of CCP entire family
10. too many just ignore the rest

From the crisis of Zhongzhi and Evergrande could explain the above CCP 2nd & 3rd generation red guard army so rich and migrated to America.

CCP sucking the blood of local Chinese and made America great again. Lol.

Biden praised CCP and thanks for the contribution because those 2nd & 3rd red guard army were the great contributors to America.

All these CCP been proven proudly and successfully corrupted. Corruption is the nature of CCP and migrate to the Westerns.

America welcome CCP suck more local Chinese bloods and migrate there. Make America great again.

Why CCP did not migrate to Russia, North Korea or Cuba, because Being Anti-America Is Work , Living In America Is Life. They all love living in democratic and freedom country.

Posted by IDQWE001 > 2023-11-26 04:02 | Report Abuse

Beijing police launch investigation into troubled wealth manager Zhongzhi

Beijing police are investigating suspected crimes committed by Zhongzhi Enterprise Group, a leading Chinese wealth manager, according to a social media post published by the Chaoyang Public Security Bureau on Saturday.

Zhongzhi earlier this week told investors it is heavily insolvent with up to $64 billion in liabilities, threatening to reignite concerns that China's property debt crisis is spilling over into the broader financial sector.

The firm has sizable exposure to China's real estate sector and is a major player in China's $3 trillion shadow banking sector - roughly the size of the French economy.

Posted by IDQWE001 > 2023-11-26 04:03 | Report Abuse

Zhongzhi apologised to its investors in a letter issued on Wednesday that said it had total liabilities of about 420 billion yuan ($58 billion) to 460 billion yuan ($64 billion), compared to estimated total assets of 200 billion yuan.

Posted by qqq47660 > 2023-11-26 12:53 | Report Abuse

success of Xi jinping policies will be measured in terms of environment, common prosperity, science and technology.

and satisfaction of the people.

Posted by qqq47660 > 2023-11-26 12:54 | Report Abuse

China is by far the happiest large country in the world.

Posted by qqq47660 > 2023-11-26 13:03 | Report Abuse

China is in the middle of transition from old economy to new economy based on IR4.0, science and technology, automation, robotics, AI, with Make in China 2025 as the key strategic instrument. ...with Huawei at the center of China's success.

that is also the reason Huawei is at the center of attacks by America.

Posted by qqq47660 > 2023-11-26 13:09 | Report Abuse

China has a clear strategic plan

what is the clear strategic plan for malaysia? Its very difficult for Malaysia planners except hope and pray and a wish list.

Posted by qqq47660 > 2023-11-26 16:39 | Report Abuse

Internally China success will be judged by EV and it's supply chain and Huawei success in breaking free of America sanctions

Posted by qqq47660 > 2023-11-26 16:41 | Report Abuse

With the success of EV and Huawei there is no stopping China

Posted by angrycat > 2023-11-26 16:55 | Report Abuse

Another sector that China is see achieving big stride is the trillion dollars industry of aeroplane, China is now mass producing the most modern transport plane Y-20, the passenger plane C919 is now in service and passengers like it so much that China is now working on another model , C929

Posted by qqq47660 > 2023-11-26 17:14 | Report Abuse

Yes , Huawei, EV, aeroplanes, high speed trains, infrastructure, and big value items, G7 countries eat what? No wonder they say China is a big risk to them

Posted by angrycat > 2023-11-26 17:23 | Report Abuse

It's very clear, China is focusing on industries that produce real products the world wants not the Ponzi financial industry or the bubble capital markets.

Posted by qqq47660 > 2023-11-26 17:53 | Report Abuse

Ponzi financial schemes bubble capital markets George Soros America still have advantage

Posted by IDQWE001 > 2023-11-26 18:37 | Report Abuse

The social media post from Beijing authorities said it was looking into "many" suspects involved with the company and encouraged investors to report their losses in order to help with the ongoing investigation.

"Investors are requested to actively cooperate with the police in investigating and collecting evidence and safeguard their rights and interests through legal channels," it read in part.

Posted by IDQWE001 > 2023-11-26 18:38 | Report Abuse

1. Kong Dongmei, granddaughter of Mao Zedong
2. Deng Zhifanf, son of Deng Xiaoping
3. Deng Zhuodi, grandson of Deng Xiaoping
4. Zhuo Yue, granddaughter of Deng Xiaoping
5. Jiang Mianheng, eldest son of Jiang Zemin
6. Jiang Zhicheng, grandson of Jiang Zemin
7. Hu Haiqing, daugter of Hu Jintao
8. Xi Mingze, daugter of Xi Jinping
9. Yang Jiechi, senior member of CCP entire family
10. too many just ignore the rest

All the above were suspects, dare to catch them. Lol.

Posted by IDQWE001 > 2023-11-26 18:40 | Report Abuse

20 Million Pre-sold Homes Rotten-ended with $266 Billion Lost, Owners Stand up to Protest

https://youtu.be/WrDKwa9jU7M?si=CFt5ir0E_c1qP_kZ

Posted by IDQWE001 > 2023-11-27 20:21 | Report Abuse

中植系投资者倒霉 2621亿恐“打水漂”

一项估测显示，投资者恐怕要损失560亿美元（约2621亿令吉）左右。

根据两高律师事务所上海律师应越推测的一种情形，逾四分之三的投资者资金将会打水漂，即高达4600亿元人民币（约3067亿令吉）的债务中，仅能收回1000亿元（约667亿令吉）左右，且根据其他案件经验，预计审理过程将会缓慢而又漫长。

中阅资本创始人孙建波表示，不良资产通常折价70%出售。根据彭博计算，也就是说投资者只能拿回约13%的资金。

周末北京警方在微信公众号上发布情况通报，称对解某某等多名嫌疑人采取了“刑事强制措施”。

通报称，投资人可通过网上报案、邮寄报案或实地报案方式进行报案登记。

中植本周早些时候透露其陷入严重的财务困境，告诉投资者该公司“严重资不抵债”，缺口达364亿美元（约1703亿令吉）。

Posted by IDQWE001 > 2023-11-28 00:01 | Report Abuse

China Investors Face Tens of Billions in Losses Over Zhongzhi

As China’s embattled shadow banking giant Zhongzhi Enterprise Group Co. faces a criminal probe, lawyers and analysts are assessing the damage to investors. One estimate puts that at about $56 billion.

More than three quarters of investor cash would be lost, with just 100 billion yuan ($14 billion) being recovered from debt of as much as 460 billion yuan, according to one scenario outlined by Ying Yue, a lawyer at Leaqual Law Firm in Shanghai. He expects a slow and drawn out court process, based on the experience of other cases.

Posted by IDQWE001 > 2023-11-28 00:02 | Report Abuse

Zhongzhi’s 200 billion yuan of assets would at best fetch about 100 billion yuan, Ying said in a social media post Saturday. That means investors could only get about 23% of their money back, based on the median of some 420 billion yuan to 460 billion yuan total debt Zhongzhi earlier revealed.

The actual ratio could be much lower. The wealth manager said last week liquidity has dried up and the recoverable amount from asset disposals is expected to be low.

Posted by IDQWE001 > 2023-11-29 19:32 | Report Abuse

中植资不抵债逾1337亿 　中国富人被“割韭菜”

（北京29日讯）中国资管巨头中植企业集团资不抵债，影响数十万高净值投资者和多家上市公司。

中植上星期三（22日）向投资者发出的致歉信披露，中植账面资产2000亿人民币（约1337亿令吉），而债务在4200亿人民币到4600亿人民币之间。中植还有大量代持企业资产、关联融资和对外担保等，最终负债可能高于公布的数字。

市场分析认为，当前该集团流动性已近枯竭，账面资产以债券和股权为主，处置难度大，投资者需做好收不回本金的准备。

有网民认为，富人被割韭菜，与普通人无关。但也有不少人认为，爆雷让高净值人士捂紧口袋，也会影响整个投资市场的信心。

成立于1995年的中植控股超过10家上市公司，手握多张金融牌照，以庞大规模、央企背景，和高达8%至9%的收益率，吸引大量投资者，起投门槛在百万以上。

《财新网》引述知情人士称，中植在全国有20万左右的财富客户。而中植旗下恒天财富的经理则发文称，中植违约涉及高净值人士15万，投资额最低300万，最高达50多亿。

中植通过信托和财富产品吸引高成本资金，后端投向持股的上市公司、地产企业、城投债等。

《腾讯新闻》引述中植前管理人员称，资本市场行情好时，中植持股的上市公司市值一天就能涨上10亿人民币，然而资本市场持续低位徘徊，使得中植账面浮亏严重。

地产低迷也加重中植的资金紧张。《证券时报》2021年揭露，中植系财富公司通过售卖违规理财产品，向地产和相关公司提供千亿融资。而中融信托所合作的10馀家房企，如华夏幸福、融创、恒大，也都一一爆雷，无法还债。

Posted by IDQWE001 > 2023-12-19 22:13 | Report Abuse

China's Hywin hits record low over missed payments amid property woes

BEIJING/NEW YORK, Dec 15 (Reuters) - Shares of Chinese wealth manager Hywin Holdings Ltd. fell by nearly 18% to a record low on Friday after it said that it has been unable to promptly fulfill client redemption requests.

While Hywin is a small player with total assets of 2.37 billion yuan ($328 million) as of the end of June, company documents showed, its troubles show how China's faltering property sector is causing strain throughout the financial system.

Hywin, whose products are primarily invested into real estate, announced on Thursday that asset managers for some products the company distributes were unable to reach an agreement with "relevant clients" to defer their redemption requests. Failure to resolve these redemption issues could "materially and adversely" impair its reputation, client relationship, business, financial condition and prospects, Hywin said.

Posted by IDQWE001 > 2023-12-19 22:16 | Report Abuse

From the real estate bubble to banking crisis, only the CCP could make it worse than third-world nations.