* they will have to pay $10 milion yuan, by 15 october.
* court have seiged their general and margin bank account
* currently under lots of litigation.. ie.. clients defaut. (this explain the $32m subrogation payment).. they've been using their monies paying out default loan on client's behalf.
* they're liquidating client mortgage assets to recoup the subrogation monies.
* banks cooperating less with them (due to their clients defaulting)..
* share price gone down from 60 cents to 10 cents.
everything to resolve by 15 october.
DXF Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
