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Enraged Evergrande Investors Go Full Pitchfork

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Enraged Evergrande Investors Go Full Pitchfork, Hold Management Hostage In Company Offices BY TYLER DURDENFRIDAY, SEP 17, 2021 – 07:25 AM As the collapse of Evergrande reverberates throughout the Chinese economy, pissed off retail investors have gone from storming the company’s headquarters to taking management hostage, according to the Straits Times, citing posts ‘making the rounds’ on social media. What we know so far: over 70,000 retail investors forked over vast sums of money, in some cases their entire life savings, after the country’s second largest, ‘too big to fail’ property developer wooed them with promises of 10%+ annual returns. And while the company most likely is TBTF…

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