*Sunshine 100 China Holdings Defaults On SGX-Listed Bond Payment*, December 5, 2021
...kind of
After the '08 crash, Wall Street decided the next thing would be residential rentals
CHINESE developer Sunshine 100 China Holdings has defaulted on US$178.9 million of debt and interest payments due Sunday (Dec 5), as the direct fallout of the woes of property companies in China continues to impact investors in Singapore.
Interesting to talk about the real estate industry which seems to be forever booming.
Isn't Black Rock just having money printed to buy up everything from everyone so we own nothing but [will] be happy?
Now there's Sunshine 100
On 12/9/21 3:12 AM:
Sunshine 100 was due to repay the US$170 million of principal and US$8.9 million of interest on its 10.5 per cent senior notes due 2021, which is listed on the Singapore Exchange (SGX). But in a bourse filing on Dec 5, the company said it is unable to meet its debt obligations on the bonds.
The Fed keeps the stock market up so the 'stakeholders' can buy up the entire economy
Tuesday, December 7, 2021 11:06 AM
