The news for the embattled property giant has not been encouraging, this is the latest from a couple of weeks back:
- China's 2nd largest property development group has filed bankruptcy protection in the US
- total liabilities stood at 2.388 tn yuan at the end of June
- it recorded a net loss of 39.25 bn yuan in H1 this year
The stock reopens for trade today in Hong Kong after a 17-month suspension.
Perhaps the Wall Street Bets folks will be on the bid?
