Golden Financial Seems Like Collapsing

The listed company Goldin Financial has repeatedly reported financial difficulties. After being taken over by creditor Deutschland in the International Center of Goldin Financial in Kowloon Bay and sold for 14 billion yuan, it also sold the Kai Tak land and the Ho Man Tin station project in hopes of cashing out. The debt was repaid, and Ho Man Tin station even “fought a lawsuit” with Cheung Kong. In addition, Pan Sutong, the chairman of the group, mortgaged its properties one after another. The second mortgage shows that the group seems to be unable to hold it anymore!