ChiComms have put another bank in trouble:
Bank of Jinzhou said on Thur that it's in talks with multiple parties for possible strategic investment, and that it is operating normally.— YUAN TALKS (@YuanTalks) July 25, 2019
It's reported local regulators recently met financial institutions in Liaoning province to discuss the bank's liquidity problems.
Developers having their credit lines pulled:
An update here.— YUAN TALKS (@YuanTalks) July 25, 2019
Another 3 developers declared bankruptcy on Thursday, bringing the number to 274 and 37 in July alone. https://t.co/gxy1I5nrS1
Not looking good....