Suning’s Billionaire Chairman Quits After China-Led Bailout

Bloomberg2021-07-12

Zhang Jindong has stepped down as the chairman of Chinese retail giant Suning.Com Co. after losing control of his firm following a government-led bailout. The company announced his resignation in a ...

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Comments

SHAJ
2021-07-13
SHAJ
From just chairman to honorary chairman.
Yiweichua
2021-07-13
Yiweichua
Nice article!
Tongdadd
2021-07-13
Tongdadd
Good to enjoy retirement now
Mat76
2021-07-13
Mat76
Chinese bubble is going to burst. Sunning case is just the tip of the iceberg. Just evergranda and huarong asset management outstanding debts totaled to US 360+ billion. What about other property developers and sectors? They are trying hard to deleverage but I think it will be hard.
AHO
2021-07-13
AHO
Like
- AHO:
  [财迷]
- AHO:
  [微笑]
littlekitten
2021-07-13
littlekitten
Cool!
- Tan2heng:
  Ok
- Marv21:
  like and comment

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Sunning case is just the tip of the iceberg.&nbsp;Just evergranda and huarong asset management outstanding debts&nbsp;&nbsp;totaled to&nbsp;US 360+ billion. What about other property developers and sectors? They are trying hard to deleverage but I think it will be hard.&nbsp;","listText":"Chinese bubble is going to burst. Sunning case is just the tip of the iceberg.&nbsp;Just evergranda and huarong asset management outstanding debts&nbsp;&nbsp;totaled to&nbsp;US 360+ billion. What about other property developers and sectors? They are trying hard to deleverage but I think it will be hard.&nbsp;","text":"Chinese bubble is going to burst. Sunning case is just the tip of the iceberg. Just evergranda and huarong asset management outstanding debts totaled to US 360+ billion. What about other property developers and sectors? They are trying hard to deleverage but I think it will be hard.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/142396519","repostId":1175879126,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":142399416,"gmtCreate":1626131357135,"gmtModify":1703753798213,"author":{"id":"3585478577831133","authorId":"3585478577831133","name":"AHO","avatar":"https://static.itradeup.com/news/7f2d45926c12c6e947cf76808edbc633","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/142399416","repostId":1175879126,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5326868,"gmtCreate":1627254643023,"gmtModify":1663231475839,"authorId":3585478577831133,"author":{"id":3585478577831133,"authorId":3585478577831133,"name":"AHO","avatar":"https://static.itradeup.com/news/7f2d45926c12c6e947cf76808edbc633","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":142399416,"type":1,"supId":0,"prevId":0,"content":"[财迷]","text":"[财迷]","html":"[财迷]"},{"id":5211069,"gmtCreate":1626218355696,"gmtModify":1663230933533,"authorId":3585478577831133,"author":{"id":3585478577831133,"authorId":3585478577831133,"name":"AHO","avatar":"https://static.itradeup.com/news/7f2d45926c12c6e947cf76808edbc633","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":142399416,"type":1,"supId":0,"prevId":0,"content":"[微笑]","text":"[微笑]","html":"[微笑]"}],"langContent":"EN"},{"id":142972856,"gmtCreate":1626130489975,"gmtModify":1703753775742,"author":{"id":"3584860762907200","authorId":"3584860762907200","name":"littlekitten","avatar":"https://static.tigerbbs.com/ccd59ff6c96999c839e3b5709cfb00ef","vip":1,"crmLevel":7,"crmLevelSwitch":0},"htmlText":"Cool!","listText":"Cool!","text":"Cool!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/142972856","repostId":1175879126,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5201755,"gmtCreate":1626138037388,"gmtModify":1663230888535,"authorId":3551435445722343,"author":{"id":3551435445722343,"authorId":3551435445722343,"name":"Tan2heng","avatar":"https://static.tigerbbs.com/359219b37b28004db5e3a2c54a6a1036","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":142972856,"type":1,"supId":5200154,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5200154,"gmtCreate":1626131357190,"gmtModify":1663230884839,"authorId":3576469661101851,"author":{"id":3576469661101851,"authorId":3576469661101851,"name":"Marv21","avatar":"https://community-static.tradeup.com/news/edd58e9818371e816a4dd7dc985de367","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":142972856,"type":1,"supId":0,"prevId":0,"content":"like and comment","text":"like and comment","html":"like and comment"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":286,"commentSize":105,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1175879126"}