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RE: LeoThread 2025-03-14 05:42

in LeoFinance10 days ago

Part 5/10:

Recently, the urgency to sell is palpable among wealthy property owners, including notable figures like Wang Suong, who has listed his ultra-luxury residence at a staggering 100 million yuan. Industry insiders speculate this property could sell for as low as 85 million yuan, suggesting that even the affluent are feeling the economic pinch. Reports indicate that Wang has also sold off several luxury vehicles, a sign of asset liquidation amidst growing uncertainty.

Economic Context: A Broader Decline