Why investors shouldn’t be too quick to shrug off Evergrande

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U.S. stock-market investors appear to have largely put worries over China Evergrande, the Chinese property giant teetering on the brink of default, behind them. But analysts argue that the stakes will remain high as the situation plays out in coming weeks and months. “The risk posed by the Evergrande crisis is an acid test for the resilience of the post-COVID market recovery,” said Seema Shah, chief strategist at Principal Global Investors, in a Friday note. Fears... Source link
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