Ashmore, Blackrock, and UBS are the biggest holders of Evergrande…

Sharing is Caring!

If Evergrande defaults on the bonds…that’s a shit load of GME … they already miss the off shore bond interest payment yesterday…which likely includes money owed blackrock…if they can’t even pay the interest, there is no =way they can pay back the principle on the bond when it comes due next year…and the dominos falls…

See also  Evergrande Defaults on Bond Payments - Just the Beginning of a Massive China Economic Implosion

this is just my ramen addicted brain thinks, my guess if Blackrock smart, to make up for those losses on those bonds and to make their US investors whole they might cause the MOASS to occur by recalling all lent shares from hedgies..

See also  Evergrande Hedge & Crypto Ban Fallout? A Big Spike (43%) In Chinese Gold Demand Is Coming?

not financial or ramen advise..


h/t  PracticalStranger317


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.