X-Nico

2 unusual facts about Shanghai rubber stock market crisis


Shanghai rubber stock market crisis

These stocks were increasing with the frantic market; at the same time, the newspapers posted a huge number of advertisements, showing the nice management of rubbers companies and good relationships with banks such as HSBC, SCB, also announcing that the famous social activists had joined into the board of directors.

On December 11, Zhang Renjun, the Liangjiang governor asked 3 millions loans from HSBC, Crédit Lyonnais, and Deutsch-Asiatische Bank, and used Jiangsu's Sale Taxes as the guarantee.



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