Home / NEWS / Real Estate / China likely won’t bail out Evergrande directly unless there’s ‘far-reaching contagion,’ S&P says

China likely won’t bail out Evergrande directly unless there’s ‘far-reaching contagion,’ S&P says

Reverences over a potential contagion from embattled developer China Evergrande Group dragged down the Hang Seng clue in Hong Kong by more than 3% on Monday.

Check Also

World’s largest sovereign wealth fund invests $740 million in London’s Covent Garden

Covent Garden demand in London Julian Elliott Photography | Stone | Getty Images Norway’s $1.8 …

Leave a Reply

Your email address will not be published. Required fields are marked *