Cryptocurrency Q&A
Which Chinese billionaire is in debt?
Which Chinese billionaire is in debt?
Filippo
Tue Dec 17 2024
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5 answers
1055
There are several Chinese billionaires who are currently in debt, including Sun Hongbin of Rongcheng China with a debt of 870 billion, Xu Jiayin of Evergrande Group with a debt of 2.4 trillion yuan, Wang Jianlin of Wanda Group with a debt of 400 billion yuan, and Yang Huiyan of Country Garden with a debt of 1.4 trillion yuan.
5 answers
Rosalia
Thu Dec 19 2024
Despite its significant market value, the company's total debt exceeds $100 billion.
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Caterina
Thu Dec 19 2024
This high debt level has raised concerns among investors.
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SakuraSpiritual
Thu Dec 19 2024
Xu, aged 59, is the head of China Evergrande Group.
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KpopStarletShineBrightnessStarlight
Thu Dec 19 2024
Some investors have become wary and have taken actions to short the stock.
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Raffaele
Thu Dec 19 2024
The market value of China Evergrande Group amounts to $47 billion.
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