EVERGRANDE - FRAUD CLAIM & $ DEMOLITION ORDER ISSUED. RISK OF WIDESPREAD FRAUD Shares Suspended
In this video I provide an update on Evergrande.
Evergrande has received a DEMOLITION ORDER for 39 Apartment Blocks due to FRAUDULENTLY OBTAINING BUILDING PERMITS. The value of the Apartments is $ and the company’s shares have been suspended from the Hong Kong Stock Exchange. No comment has been made by the company but if Evergrande has obtained more permits ILLEGALLY then the whole EVERGRANDE business could be declared BANKUPT.
For specific details please check out the CHAPTER list below.
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Chapters:
0:00 Intro
2:17 Demolition Order
5:30 December Trading
6:38 Implications
9:14 Summary & Conclusion
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