BFM Podcast
Country Garden On The Precipice
07-Sep-23 07:30
Kristy Hung, Analyst, Bloomberg Intelligence
Country Garden was once a shining star in the Chinese property sector, surviving the tumult that took down Evergrande. However its fortunes have turned for the worse of late, as the property giant warns of the risk of defaulting on its bond payments amid poor earnings in the first half of the year. What do the financial woes of Country Garden say about the broader Chinese economy? We get analysis from Kristy Hung of Bloomberg Intelligence.
Image Credit: Shutterstock
More articles on BFM Podcast
Discussions
Be the first to like this. Showing 1 of 1 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
5
BFM Podcast
6
BFM Podcast
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
With USA raising interest rates consumers are holding back
And the mishandling of Covid 19 prolonged lockdown has caused damage to sentiment in China
Like Herbert Hoover who exacerbated the Great Depression some of China's flip flop policies have impacted property downturn
it will be a down ward correction and many will face very tough times
Better be safe and invest only in defensive industries as China contagion can spread
2023-09-08 10:48