They only have around $US 80 billion in actual debts the rest they owe to suppliers and contractors. That's on the books though, Chinese companies have a habit of having a lot of off the books debt, commercial paper and other nonsense so they can get around regulations. It's going to take down some other builders, Sinic are about to crash too and a firesale of apartments and land combined with the loss of confidence in builders will take out a lot more developers in the next year.
They only have around $US 80 billion in actual debts the rest...
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Last
$26.32 |
Change
0.660(2.57%) |
Mkt cap ! $81.03B | |||
| Open | High | Low | Value | Volume |
| $25.92 | $26.32 | $25.83 | $102.7M | 3.931M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5850 | $26.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.32 | 12010 | 3 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$26.19 |
Change
0.660 ( 1.76 %) |
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| Open | High | Low | Volume | ||
| $25.92 | $26.29 | $25.84 | 1287651 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| FMG (ASX) Chart |