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Hopefluent

Hopefluent

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Scg8866t Offline
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#13
27-09-2020, 09:10 PM
(27-09-2020, 07:53 PM)opmi Wrote:
(27-09-2020, 12:30 AM)Scg8866t Wrote: Receivables dragged for too long as state owned developers are struggling and delaying commission payment due to mounting debt.

Their only borrowing of 350mil hkd is at an interest rate range of 8.5% - 15%. Curious as to why they are taking this loan at this crazy high rate when they are flooded with cash. Anyone know the reason?

"state owned developers are struggling" - sales been good for PRC developers in general for 2H2019 and post-COVID recovery.  so dont know if this explanation real or not...

Can google china evergrande to see the news on their recent debt worries and bond scare.
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Messages In This Thread
Hopefluent - by karlmarx - 05-01-2020, 12:05 PM
RE: Hopefluent - by buddy - 06-01-2020, 06:39 AM
RE: Hopefluent - by karlmarx - 06-01-2020, 10:57 AM
RE: Hopefluent - by buddy - 06-01-2020, 01:43 PM
RE: Hopefluent - by dreamybear - 08-01-2020, 12:07 AM
RE: Hopefluent - by karlmarx - 29-04-2020, 10:20 AM
RE: Hopefluent - by dreamybear - 06-05-2020, 07:24 PM
RE: Hopefluent - by karlmarx - 06-05-2020, 07:48 PM
RE: Hopefluent - by buddy - 07-05-2020, 09:59 AM
RE: Hopefluent - by dreamybear - 17-06-2020, 07:24 PM
RE: Hopefluent - by Scg8866t - 27-09-2020, 12:30 AM
RE: Hopefluent - by opmi - 27-09-2020, 07:53 PM
RE: Hopefluent - by Scg8866t - 27-09-2020, 09:10 PM
RE: Hopefluent - by opmi - 28-09-2020, 12:28 AM
RE: Hopefluent - by Scg8866t - 28-09-2020, 08:15 AM
RE: Hopefluent - by buddy - 28-09-2020, 07:54 PM
RE: Hopefluent - by dreamybear - 08-10-2020, 09:48 PM
RE: Hopefluent - by Scg8866t - 20-02-2021, 10:58 PM
RE: Hopefluent - by dreamybear - 21-02-2021, 03:50 PM
RE: Hopefluent - by buddy - 23-02-2021, 08:24 AM
RE: Hopefluent - by dreamybear - 05-01-2022, 06:55 PM
RE: Hopefluent - by Shiyi - 09-01-2022, 08:16 PM
RE: Hopefluent - by karlmarx - 11-07-2022, 11:55 AM
RE: Hopefluent - by specuvestor - 12-07-2022, 12:44 PM
RE: Hopefluent - by karlmarx - 16-07-2022, 08:25 PM

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