Danke (Part 3): Concluding the Collapse
In this final installment of our Danke series, we provide a recap of the main points covered in Parts 1 and 2, in addition to discussing...
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Meemi O.
- Feb 10, 2021
- 12 min
Danke (Part 2): Unravelling the Collapse of a Real Estate Ponzi Scheme
Previously in Part 1, we provided background information on Danke's history and business model. In this second installment of the Danke...
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Meemi O.
- Jan 20, 2021
- 8 min
Danke (Part 1): China's High Profile Real Estate Ponzi Scheme
Danke ("dahn-keh" - pronounced similarly to the German word for thank you), full name Phoenix Tree Holding Limited (Chinese: 蛋壳公寓) (NYSE:...
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