Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "China’s Largest Private Financial Conglomerate Implodes: $510 Billion at Risk of Vanishing" video.

  1. "The Tragic Collapse of China's Largest Private Financial Conglomerate: $510 Billion at Risk of Vanishing and Its Impact on Investors, Creditors, and the Entertainment Industry" 😢 A heartbreaking story of bankruptcy, loss, and tragedy caused by the collapse of a financial group in China. 00:08 Jord own trust announcement of bankruptcy on September 16th, 2023 00:08 Warning to cherish hard-earned money and not trust top financial institutions 00:34 Financial crisis of jungju group and collapse of real estate giant evergrand 01:07 Heartbreaking story of Mr. Lee's spouse passing away due to lack of money for treatment 01:33 Tragic suicide of an investor's father after losing everything in the Jona systems trust 02:44 💸 The collapse of the Jonu group in China has led to significant financial losses and unresolved mysteries, with debts exceeding assets and weak regulation of financial products. 02:56 Client's 70 million yen investment evaporated due to collapse 02:56 Jonu group revealed insolvency and ongoing operational risks 03:26 Debt level reached 420-460 billion yen, assets less than 2 billion yen 03:32 Jungju group became most indebted financial giant in China 03:54 Real estate investments made up 74% of defaulted trust products 05:19 Weak regulation of financial products and bypassing regulatory supervision 05:46 Financial products under Jungju continue to be sold despite risk issues 06:21 💸 The collapse of Jungu Group and its impact on investors and creditors. 06:28 Jungu Group's misuse of corporate funds led to insolvency and potential bankruptcy. 06:28 Founder J. Quinn's sudden death and lack of successor added to the company's troubles. 06:39 Investors facing financial disaster and legal action with little effectiveness under the Chinese Communist Party. 07:17 Revelations of dubious practices prioritizing repayment to government officials over ordinary citizens. 08:31 Preemptive repayment to internal staff, family members, and influential individuals, leaving smaller business owners at a disadvantage. 09:11 💰 A financial scandal involving Jonu group and its connections to state-owned and central enterprises, leading to legal proceedings and lack of government intervention. 09:29 Middle-income individuals and seniors were the primary victims of the scandal. 09:29 Employees who didn't purchase financial products from Jonu had already left the company. 09:41 The highest investment in Jon's fixed financing products reached 5 billion yen. 09:58 The Beijing public Security bureau's chaang Branch filed a case against Jonu group's wealth management company for suspected illegal activities. 10:33 The government has not provided a solution for the repayment of debts owed by the group. 10:55 Jungu group's problematic financial chain was evident from its history. 11:01 Key personnel in Jonu group had connections to the Chinese Communist Party and state administration. 12:02 🎬 The collapse of the Chinese company Jungu Group has had a significant impact on the entertainment industry and high-earning celebrities, signaling potential financial industry collapse in China. 12:47 The collapse of Jungu Group suggests a close network between the company and high-ranking officials in the Chinese Communist Party. 12:47 The company's deep roots in China's entertainment industry have impacted the sector significantly. 12:59 The collapse led to substantial losses for high-earning celebrities who had invested in Jungu Group. 13:10 Jungu Group's involvement in the film industry and its connection with entertainment platforms like Mango TV and Bonabusiness. 13:38 Well-known private film company Hawaii Brothers is a major shareholder of Jungu Trust and likely affected by the crisis. 13:57 The collapse of Jungu Group indicates potential risks in investing in China's financial industry. 14:28
    1