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How tight money is for real estate firm?
— Liqian Ren (@liqian_ren) October 28, 2022
Sunac China Holdings took away 1bil Yuan from a joint account w. a Real Estate Trust company after breaking into a jointly supervised safe for access keys. Both claiming they did the right thing…https://t.co/HMcGyd2q5m pic.twitter.com/JfrIWDWHaI
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This grieving worker painted protests for wage arrears on every building (ending photo is on another building). A microcosm of China $Sunac real estate collapse.#TheGreatTranslationMovement pic.twitter.com/N3q9EUMnUH
— The Great Translation Movement 大翻译运动官方推号 (@TGTM_Official) October 25, 2022
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The stock price of his company "Sunac China Holdings Limited" plummeted. It seems common in China : An Econ news in May2022 said that–The top 10 real estate companies of China got 10.5 trillion (Rmb) debt. Many workers cannot get their salary.
— Emerald_RE_wish_Everyone_Safe🙏 (@Emerald_REAgain) October 25, 2022
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