PREVIEW

... News that Hanhai’s U.S. stock had continued to fall spread throughout China’s financial circles as the workday began.

Even though Hanhai had tried to control public opinion, two consecutive days of decline inevitably indicated a significant issue within Hanhai. Some private banks even downgraded Hanhai’s risk assessment by two levels. This meant that Hanhai would face much more stringent scrutiny when seeking loans from these banks, essentially severing Hanhai’s financial lifeline. For a ...

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