President of Evergrande Auto and Hengchi brand arrested carnewschina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carnewschina.com Daily Mail and Mail on Sunday newspapers.
China Evergrande Group paid the US$83.5 million interest payment on its offshore bond, just before a 30-day grace period runs out for declaring it in default, as the world’s most indebted developer took action to assure a capital market on edge about the spectre of the nation’s highly leveraged property sector.
by dofdaus
Given the almost irrational exuberance today we have of tech stocks that only go up, I present to you a very different perspective written by Aikya investment fund analysts on every Redditor’s and his dog’s darling, BABA.
Note the views below are Aikya’s and not mine and should only serve to generate discussion on BABA’s profitability and prospects. I’m personally vested in BABA @ 250 before chancing upon this Aikya report so would like to hear fellow Redditors views if they are worth keeping.
Will BABA stocks ever get to the moon? According to Aikya, the upside is extremely fraught with accounting issues detrimental to minority shareholders (99.99% of Redditors). I definitely think the Aikya report is worth a read for BABA investors.
Chinese Internet giant Tencent teamed up with international NGO The Nature Conservancy to launch a campaign to promote December 2015 as Elephant Loving Month in China. The following animated short illustrates the toll human greed for ivory takes on.
The venture, which was initially expected to launch this year, would take over all business, development, game, and marketing operations now handled by the CBA’s government-run Market Development Center. Its main goal would be to boost the CBA’s commercial value.
Unfortunately for Yao, though, the decision to form the joint venture may have undermined a reform plan he helped hammer out just two days earlier.