Clare Jim

Clare Jim

The Latest

  • Evergrande troubles punish China property as contagion concern spreads
    China Evergrande Centre name sign October 2018
    Growing fears of a default by China Evergrande Group led investors worried about its potential impact on the wider economy to dump Chinese property stocks and seek refuge in safe-haven assets elsewhere on Monday.
  • China Evergrande shares plummet on default risks
    China Evergrande shares plummet on default risks
    Shares of Evergrande plunged over 15% on Monday, extending losses as investors take a dim view of its business prospects with a fast approaching deadline for payment obligations this week.