There were no regulatory changes that explain Zhang and AZ Global's collossal BUB failure.
if you want to claim otherwise, feel free to do so and back it up with a source.
Your own blog post isn't a source. Normal people can post on hotcopper without trying to steer people offsite to see their pseudo research.
I'll take it from this point you can't provide a source or specific regulatory change which is why you can't answer. I'm saying there was none.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-56
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