Shenzhen's financial regulator said in a Monday letter to investors that a 'thorough investigation' was being carried out after collecting information about Evergrande Wealth, Chinese media reported this week.Ĭhat groups containing hundreds of disgruntled Evergrande investors on the WeChat messaging service have been deleted or blocked since Monday, two investors told AFP, with members unable to send or receive messages. The readout of the meeting with the banking and insurance regulatory commission did not specifically mention Shenzhen-based Evergrande.īut it sends a clear signal that authorities are worried about the repercussions of Evergrande's crisis on China's property sector, which has seen months of tightening regulations intended to curb speculation.īeijing has so far been reluctant to bail out the conglomerate, but Chinese media reported that the Shenzhen government has begun an investigation into Evergrande's investment arm. The central bank also stressed that 'houses are used for living, not speculation'. Saddled with more than $300 billion in liabilities that it is struggling to repay, the Chinese property developer's potential collapse poses systemic risks for the national and global economy.Īt a Wednesday meeting, the People's Bank of China (PBOC) said the country's financial sector must meet the goals of 'stabilising land and housing prices' and 'insist on not using real estate as a short-term economic stimulus,' according to an online statement. Step 7: If you are still having issues after performing all the steps here, please contact us! We will be happy to help as soon as possible.China has urged banks to steady the housing market and avoid speculation as fears mount that Evergrande's debt crisis could spill over into the property sector. We will need to help recover the forgotten password here. Step 6: If VPN is disabled and you are still unable to log in, it might be because of forgetting the password. Some sites may restrict access for certain countries or IP addresses, so they can prevent users from streaming and downloading content that is not allowed in their region. Step 5: Remember to turn off your Virtual Private Network before you do anything else. Clear instructions on how to do this in Chrome or Firefox are included (links provided). Step 4: If the steps above haven't worked for you, try clearing your browser's cache and cookies. If you can see the password, use it if no one else is around because people might be watching over your shoulder and trying to steal your passwords. Step 2: Type your AmazonSecure login correctly. If there are any issues with the connection, try checking your router and restarting it before proceeding further. Step 1: Ensure you have a good internet connection. If you are having problems with your account, there is an easy troubleshooting guide to help fix the issue.

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