Evergrande’s second-biggest shareholder, Chinese Estates Holdings, is selling its entire 6.5% stake in Evergrande with a loss of about $1.2 Billion.
There is speculation that the CCP will take control and restructure Evergrand.
Who are Evergrande’s biggest Bondholders and can they afford a significant loss from their Evergrande investments? Is a 1% portfolio exposure that big a deal?
Shares surge during the lockdown.
Signs the Market is about to Crash.
RBA Wants To Create Aussie Bitcoin.
For some people at WallStreetBets the GameStop Short Squeeze is personal and about sending a message to hedge funds and those that weren’t punished for the 08 crash and the Great Recession.
Warnings of a Stock Market Crash.
The Wealthy are investing like the market is in a bubble.
Will Biden Cause a Great Depression Market Crash?