‘I have nothing left to live for’: Evergrande meeting descends into chaos as investor pulls knife and threatens to kill herself
A compilation video that shows desperate investors confronting Evergrande staff amid the company’s financial issues has gone viral on Chinese social media platform Weibo.
The confrontation: The 10-minute-long video was published on Sept. 29 to Weibo by local news site Xing Tai Shen Bian Shi, who did not specify when and where the videos were taken, according to Insider.
China Evergrande Group’s former chairman Xu Jiayin has earned the ire of Chinese social media users after a letter he allegedly sent to employees leaked online on Tuesday.
Fanning the flames: Evergrande founder Xu Jiayin, whose current net worth slightly dropped to $10.7 billion, angered people online after a letter he penned was shared on Weibo, reported Business Insider.
Chinese real estate company — whose ex-chairman is worth an estimated $11.2 billion — is accused of swindling investors
The second-largest real estate developer in China, China Evergrande Group, is facing a massive liquidity crisis that has sparked anger among investors and homebuyers.
Evergrande’s financial troubles: The company’s years of borrowing have resulted in a colossal debt, amounting to over more than $300 billion, and a struggle to pay overdue bills and multiple wealth management products, reported the Washington Post.
A real estate agent from the Brentwood neighborhood of Los Angeles was fired recently after a video of him hurling racist comments at an Asian woman surfaced online.
What happened: On Wednesday, a social media user who goes by “Em” shared the video in a now-deleted tweet.
A real estate agent in North Carolina has spoken up after finding her business sign defaced with a racial slur over the weekend.
Zhengzheng Wiley, who is Chinese American, believes that she was targeted due to COVID-19 — an experience shared by thousands of people of Asian descent since the onset of the pandemic.
A Canadian realtor shared an extremely racist letter addressed to her and “all the other Asian realtors” in British Columbia.
“Chinks and gooks are not welcomed in our neighborhood,” reads the letter, which was originally posted by Winnie Wu of Sutton Group West Coast Realty.
Angela Tian, the property agent from Vancouver who was rumored to be the mother of the 9-year-old flexer Lil Tay, was reportedly fired from her job.
Pacific Evergreen Realty dismissed Tian from her job after her role in the youngster’s career began circulating online, according to Canadian media platform the Daily Hive.
China’s billionaires have been making more money than the rest of the world, with one recently adding $2.1 billion to her pool of wealth in just four days.
Meet Yang Huiyan, vice chairman of Country Garden Holdings, China’s largest real estate developer by sales.
Eager Chinese homebuyers stormed into a residential building to buy flats that went on sale at around 9 a.m. on Saturday.
In the mad dash to get the first deals, the mob of 100 homebuyers literally brought doors down, knocking them off from the hinges.