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home / news releases / EGRNY - Evergrande Might Collapse China's Property Market - But Not Economy

EGRNY - Evergrande Might Collapse China's Property Market - But Not Economy

China Evergrande Group ADR
  • As I said back a couple of weeks, Evergrande means that the Chinese property market is one that we just don't want to be in at present.
  • However, we're seeing concerns that this might mean the entire economy is in trouble. That's overdoing matters.
  • The property market is going to take a significant hit, but the problems are small enough to be controllable when we consider the entire economy.

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Evergrande Might Collapse China's Property Market - But Not Economy
Stock Information
Company Name: China Evergrande Group ADR
Stock Symbol: EGRNY
Market: OTC
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