Monday, September 25, 2023

Chinese real estate debacle

Evergrande Former CEO And CFO Arrested As Insolvent Property Giant Misses Payment On $550MM Onshore Bond

MONDAY, SEP 25, 2023 - 08:08 AM

It has been another stormy day for China's property sector which plunged 7%, erasing all gains since the Nov 2022 lows...

... driven by the latest collapse in (insolvent) Evergrande shares which, after soaring on a furious short squeeze three weeks ago...

No comments: