Search results

The news led to some short covering or buying today.

Shenzhen composite down over 47%. This is not linked to the real estate slump or is it? Don't worry, they will 'drive' out of this slump riding on their EV boom.

https://www.hsi.com.hk/eng/indexes/all-indexes/hscap 1 year returns : -41.34% 3 year returns : -46.11% Hey, buy our EVs ya. We know our real estate bubble has exploded and the real estate bonds you are holding aren't worth shit drying on the sidewalk.

https://www.spglobal.com/spdji/en/indices/equity/sp-china-a-1800-real-estate-sector-index/#overview Happy hours extended till ....

Twitter posts by most ministers are handled by their social media teams and some overzealous idiot will exaggerate numbers or make ridiculous claims. The train in question was Vande Bharat which averages between 60-90 kmph for the entire journey. The train can touch speeds of 160 kmph on...

Had read a report few months back, probably September which said China Railway Group is still running at lesser occupancy than 2019. Will try to fish out the latest numbers from a credible source.

Evergrande has debts in excess of USD 300 billion. Nobody is buying their debt anymore and there are few takers for their projects too. Wonder if their ghost cities will ever get completed. Those poor souls who poured in their life long savings into some of their projects may never get a home...

USD 900 billion was the debt of China Railways. Their HSR network continues to run at a loss. Wonder if they can even cover their interest payments from operations or are bailed out from provincial budgets. Poor Chinese people living in urban areas will have to cover their HSR debt through...

7:58 to 8:50 should be 52 minutes imo. The fastest train takes 11 minutes less at 41 minutes. These reports are so full of inaccuracies.

Arey fak checking is a vely enlitening ploshess. V lyearn so muccckkkh.

China Railway had a debt of USD 900 billion at last count. How much has it reduced to? Was looking for data but couldn't find the most recent one.

Xinomics!

https://www.zerohedge.com/political/japans-first-ever-conviction-illegal-organ-trafficking-shines-light-forced-organ So it was true after all.

Come on.. in most EU & neighboring nations, the Atto-3 has been written off as garbage. With Italy pulling out of BRI, China can kiss its European takeover dreams goodbye for now as it hunts for another weak, vassal state to buy out/bully into submission.

True, nuclear powered container ships will lift millions of people from middle class into the super rich group in China. Wish they completed their unfinished real estate projects with the same passion.

Italy pulls out of China's Belt and Road Initiative :popcorn:

https://www.zerohedge.com/markets/chinas-debt-binge-spurs-moodys-downgrade-credit-outlook Main street gayi maiyya chudane, talking points for wumaos will be huawei, chips & byd till debt goes from 300% to 600%

The HSR should hopefully do well in its cattle class category at least when compared to Hambantota port and sundry other BRI gems...