- While the plunge in Evergrande’s shares has abated, the volatility in other Chinese real estate companies has continued this month.
- The consensus among economists is that the real estate slump is contained, since it’s driven by a top-down government decision to limit reliance on debt in the property industry.
- Foreign investors say they are largely in the dark, rather than receiving timely corporate disclosures or clarity on policy.
BEIJING — Wild swings in Chinese real estate stocks and bonds are keeping investors on edge — these news headlines could cause troubles in the sector to spill into the rest of the economy, says S&P Global Ratings.
While the plunge in Evergrande’s shares has abated, the volatility in other Chinese real estate companies has continued this month.
On Thursday, Kaisa shares briefly popped 20% after news it could stave off default. On the same day, a Shanghai-traded bond from developer Shimao plunged 30%, reminiscent of a sharp sell-off in the company’s bonds earlier this month.
www.cnbc.com/2021/11/26/chinas-real-estate-uncertainties-persist-fueling-market-anxiety.html
Trending:
- Here is a detailed list of privacy oriented Search Engines I’ve found that won’t leave information conveniently under the rug
- You Will Be Shocked By How Much Money Is Being Pulled Out Of U.S. Banks, And Now The Biggest Bank In Germany Is In Trouble
- Weird war in Ukraine …
- This is how awesome Real Estate investments are in hyperinflation – Weimar example
- Walls are Closing In for Alvin Bragg. Rep. Marjorie Taylor Greene calls for his arrest
- Mexico ready for war against America, as 500,000 march in support of Mexican sovereignty/military intervention
- Germany on STRIKE – Largest strike in decades – No public transport, railroads, airports….everything!
- This Guy Absolutely Nails It…
- We’re Heading Into A Recession And The Machines Are Betting On A Big Market Crash
- Rothschilds took their bank private by paying out all shareholders a 28% bonus to get it done as fast as possible a few weeks before the crisis
Views: 18