bearish

Evergrande

China Evergrande Group – Daisy Chain Pulled

Thomas has highlighted this Insight as a Top Pick
267 Views30 Sep 2021 04:51
EVERGRANDE: Evergrande is selling a 19.9% stake in Shengjing Bank, leading to a MTM loss of USD 1.53 bn or 2.5% of equity. It's risk outstanding is so large that Shengjing Bank is now a true systemic.
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