$MINSHENG BANK(01988.HK)$ $EVE

2021-12-23

$MINSHENG BANK(01988.HK)$

$EVERGRANDE(03333.HK)$

Love hate relationship with evergrrande

it’s seriously not pretty to look at 03333 which dropped from over 10HKD to current price, as one of the affected bank I think $MINSHENG BANK(01988.HK)$ must be having a tough time too.

nevertheless I don’t see it bankrupting etc it’s just a matter of how long we are going to wait. I think Chinese government is giving a hard punch on many sectors amid the BRI. I think more capital/Chinese investment will be going overseas in the coming years.

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