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#1
22-09-2021, 12:40 AM
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Evergrande wooed retail investors with Gucci bags and Dyson appliances
An honorable member of the Coffee Shop Has Just Posted the Following:
Lured by the promise of yields approaching 12%, gifts such as Dyson air purifiers and Gucci bags, and the guarantee of China's top-selling developer, tens of thousands of investors bought wealth management products through China Evergrande Group. Now, many fear they may never get their investments back after the cash-strapped property developer recently stopped repaying some investors and set off global alarm bells over its massive debt. Some have been protesting at Evergrande offices... Read more Click here to view the whole thread at www.sammyboy.com. 
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