Evergrande suspends shares in Hong Kong as firm tries to raise cash

Mon, January 3, 2022, 12:32 AM·3 min read

Crisis-hit Chinese real estate giant Evergrande has suspended trade in its shares in Hong Kong as investors await news on its restructuring plan.

The statement to the stock exchange did not give a reason for the trading halt.

Evergrande has more than $300bn (£222bn) of debt and is scrambling to raise cash by selling assets and shares to repay suppliers and creditors.

Last week, the company dialled back plans to repay investors in its wealth management products.

Evergrande said on Friday that each investor in its wealth management product could expect to receive $1,257 each month as principal payment for three months irrespective of when the investment matures.

The company had earlier not mentioned any amount and had agreed to repay 10% of the investment by the end of the month when the product matures.

Evergrande said in a statement posted on the wealth unit's website that the situation was not "ideal" and that it would "actively raise funds", and update the repayment plan in late March, without giving further details.

The announcement was seen as highlighting the deepening cash squeeze at the struggling property developer.

Last week, Evergrande did not make some interest payments on its offshore bonds.

Over the weekend, local media reported that a city government on the Chinese resort island of Hainan had ordered the company on 30 December to demolish its 39 residential buildings there within 10 days, as they were built illegally.

Evergrande has yet to comment on the reports.

The company's $19bn in international bonds were deemed to be in default by rating agencies after it missed a payment deadline last month.

Evergrande suspended its shares in early October, saying the move was ahead of "an announcement containing inside information about a major transaction".

https://news.yahoo.com/china-evergrande-suspends-shares-hong-021352446.html

Gavin Newsom Gets Death Penalty

On Thursday afternoon a military tribunal at Guantanamo Bay found Gavin Newsom guilty of child sex crimes and treason and sentenced him to death.

For nearly six hours, the three officers chosen to hear the case against Newsom listened intently as Rear Adm. Darse E. Crandall systematically and meticulously described what he called Newsom’s “Covid Crimes,” a nexus of egregious felonies that began shortly after the disgraced governor received from the NIH/CDC a letter instructing him to lockdown the State of California.

“We need all sympathetic parties onboard with the program immediately. You must take all steps possible to enforce mandatory lockdowns and mask mandates, especially in your most densely populated cities. The people must believe that Covid-19 is the greatest threat humanity has ever faced, and they must be convinced to follow our mandates with the belief that they will become gravely ill or die if they refuse. The mechanisms for enforcing this change have been in place for years, and now we act. It’s equally important to inflate the Covid-19 mortality rate, however you see fit, to instill dread and fear among an already frightened public…Your compliance is appreciated, and expected,” part of the letter read.

The letter was dated March 16, 2020, three days before Newsom issued a statewide shelter-in-place order, and was digitally signed by former NIH and CDC honchos Drs. Francis Collins and Robert Redfield, respectively. At the time, the California Dept. of Public Health had attributed 31 deaths to Covid-19.

After showing the authenticated letter to the panel, Rear Adm. Crandall introduced a witness for the prosecution, Dr. Grady Armando, a former E.R. doctor at Southern California Hospital at Culver City, who appeared on ZOOM to discuss the causes of death for 5 patients who died on 17 March.

“It was a rough night for us working trauma. Three young men were brought to us with multiple gunshot wounds. In layman’s terms, they were in bad shape, and I knew right out saving them would be an uphill battle. We did our best, but all three expired,” Dr. Armando said.

Rear Adm. Crandall showed the panel copies of the death certificates. The primary cause of death on each was given as Covid-19.

“These are your signatures, Dr. Armando, on the certificates, attesting to the fact that Covid-19 killed these men—and each took between two and five gunshot wounds?”

“It is my signature. It’s the responsibility of the doctor who last treated a patient to sign a death certificate within 15 hours, listing the date, time, and cause of death,” Dr. Armando said.

“Looking at these, comparing the times of death against the time you signed them—it seems like you signed them within minutes,” Rear Adm. Crandall said.

“I did,” Dr. Armando said.

“Forgive my naivety here, but perhaps you can explain something. So, you took in 3 gunshot victims, were desperately fighting to save their lives, they died, and you had an opportunity to list their causes of death as Covid-19 before you had a chance, it seems, to even wash your hands of their blood,” Rear Adm. Crandall said.

Dr. Armando fell silent a moment, then said, “We were instructed to put Covid-19 on death certificates.”

“Instructed by whom?” Rear Adm. Crandall asked.

“California Dept. of Health and hospital administration,” Dr. Armando said.

“Was there any evidence the gunshot victims had Covid-19? A PCR test, for example,” Rear Adm. Crandall said.

“Not really,” Dr. Armando replied.

“Explain not really, please, if you would,” Rear Adm. Crandall said.

https://realrawnews.com/2022/01/gavin-newsom-gets-death-penalty/

>>15301795

“We were instructed to list Covid-19 as a primary cause of death if a patient presented symptoms of respiratory distress—coughing, sneezing, gasping for air, shortness of breath,” Dr. Armando said.

“Is it not likely, Dr. Armando, that a person with a gunshot would be coughing—coughing up blood, or gasping for air?” Rear Adm. Crandall asked.

“That would be probable,” Dr. Armando replied.

“Let’s get to the meat of the matter: You declared patients dead of Covid-19 knowing it was not the actual cause of death,” Rear Adm. Crandall queried.

“I regret what I’ve done. I knew it was unethical and illegal. We were told to treat all such cases as presumptive positive, and told it was pointless to test for Covid-19 posthumously,” Dr. Armando said.

“And this was widespread, based on your conversation with your colleagues at the time,” Rear Adm. Crandall said.

“It was endemic,” Dr. Armando said.

“This commission appreciates your candor. You’re excused, for now,” Rear Adm. Crandall said.

The doctor’s testimony stirred Newsom to life. He arose from the chair in which he had been sitting and began chastising the commission for accepting testimony from a witness who had not once named him a party to the alleged crimes.

“This is absurd,” Newsom blurted. “Even if true, which it isn’t, what does it have to do with me? I’ve never heard any of these lies before today. Every action I took was to save the lives of people in my state and help protect a nation from a virulent disease. Dr. Armando is clearly delusional.”

The next witness, however, refuted Newsom’s claims of ignorance. Muntu Davis, MD, MPH, chief health officer for Los Angeles County, said under direct examination that Gavin Newsom had in March 2020 compelled him under threat of “ruining his career” to artificially exaggerate Covid-19 fatalities. He testified under oath that Newsom wanted “between 1,200-2,000 new cases and between 100-150 Covid fatalities per day,” enough to “monumentally strike enough fear in the public” so that every citizen of Los Angeles County would be clamoring to get vaccinated. Furthermore, Dr. Davis said Newsom had set quotas for each county in the state, a metric whereby health officials would face debasement and termination unless they “signed onto the program” and manufactured Covid-19 cases and fatalities.

“And you went along with this?” Rear Adm. Crandall asked him.

“We all did. It was our job, right or wrong. The entire health industry, across the state and the nation, went along with it and are still doing it today. Get people to wear masks, get them to take untested and unproven vaccines that might sicken or kill them, and get them dependent on government support. That has always been the agenda,” Dr. Munto said.

As Rear Adm. Crandall was about to introduce his next witness, Tam Ma, Deputy Legislative Secretary at Office of Governor Gavin Newsom, the 3-officer panel said it had heard sufficient evidence to declare a verdict of guilty. It found Gavin Newsom guilty of treason and child sex crimes and recommended that he be executed for his transgressions.

“You can’t fucking do this to me,” Newsom screamed.

“You did this to yourself,” Rear Adm. Crandall said.

Rear Adm. Crandall set a date of execution for January 24.

>>15301343

>>15301354

Me too, I had the last post and then it locked