Zeng told CNBCs Street Signs Asia there is the possibility of a domino effect following the collapse of Evergrande. Evergrande is on the verge of defaulting as banks tighten lending.
Weibo S Stock Drops On Almost 80 Lower Quarterly Profit Dwindling Users Profit Chinese Social Media Revenue Growth
Evergrande collapse could have a domino effect on Chinas property sector AllianceBernstein says A spillover of the crisis at China Evergrande Group into other parts of the economy.
Evergrande effect. Evergrande effect the financial crisis hits other Chinese real estate developers. The financial crisis of the real estate giant Evergrande like a risk without discounts it is also.
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