“The company’s board of directors, board of supervisors and senior management are unable to guarantee the truthfulness, accuracy and comprehensiveness of the annual report. Nor are they able to guarantee that the report doesn’t contain any false records, misleading statements or significant omissions.”At least they're honest.
“The reason is: the current state of the company,” Boyuan said.
That “current state” includes having recently been placed under investigation by China’s securities watchdog and police for allegations of illegal disclosure and failure to disclose important information.
Fannie and Freddie: Single Family Serious Delinquency Rate Decreased,
Multi-family Decreased in March
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Today, in the Calculated Risk Real Estate Newsletter: Fannie and Freddie:
Single Family Serious Delinquency Rate Decreased, Multi-family Decreased in
March...
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