“The collapse of Jiangsu Delong — owned by legendary metals entrepreneur Dai Guofang and his family — is the latest in a wave of dramatic debt crises to sweep through the world’s second-biggest economy as growth slows. The case is being closely watched by hundreds of bankers, wholesalers, equipment suppliers and commodity traders in and outside of China, due to Dai’s extensive business networks. ”
That is from the article I posted dated yesterday. Scary. What else is lurking in the derivatives market.
Ann: June 2024 Quarterly Activities and Cash Flow Report, page-45
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Last
$14.53 |
Change
-0.600(3.97%) |
Mkt cap ! $942.4M | |||
| Open | High | Low | Value | Volume |
| $15.28 | $15.50 | $14.39 | $3.902M | 262.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 207 | $14.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.59 | 707 | 1 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |