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World News@lemmy.ml • 1 year ago

Chinese shadow bank Zhongzhi faces $36bn shortfall after ‘management ran wild’

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Chinese shadow bank Zhongzhi faces $36bn shortfall after ‘management ran wild’

zephyreks@lemmy.mlM to

World News@lemmy.ml • 1 year ago

Financial group tells investors it is ‘severely insolvent’ after unexpected death of its founder in 2021

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FuckyWucky [none/use name]
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edit-2
1 year ago
"shadow bank" my ass, it a hedge fund/venture capital firm

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World News@lemmy.ml

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