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China's state-owned banks can stop the fall and short positions. Do you know what it would take to do that? They need to stop antagonizing the US. Then the stock price will immediately start to rise, as it has been until 2022.

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Too late for that. China already burned it's bridges with many international companies who've offshored to Vietnam, Thailand and India. None of them want to deal with the CCP who has complete control of your operations in China and will jail or cancel the visas of your employees if you disagree with their actions.

It's a complete house of cards that started with the ghost cities being built with the companies absconding with the funds. All that hard earned income of the average Chinese disappearing into the pockets of developers, whisked overseas and taken out of circulation in the economy. Now the banks are left holding the bag with people refusing to pay mortgages on unfinished apartments.

I'm just waiting for an internal revolt and Xi starting up mass imprisonment and massacres. I wouldn't be surprised if someone in the CCP sees the opportunity and takes Xi out.