Global investors are divided in their assessments of the Chinese developer China Evergrande Group’s debt woes, as well as the scope of its contagion effect on equity prices and the financial system of the world’s second-largest capital market.BCA Research of Montreal, an independent investment research firm founded in 1949, warned that investors should not underestimate the “determination” of Chinese policymakers to clamp down on the property sector, and that they may become “overconfident in…
Source : South China Morning Post
Read more…Evergrande’s woes: investors take opposite sides as they size up the potential impact ahead of looming repayment deadline
