Just read a few articles re Evergrande. With China re-evaluating what makes a society, and seeing the wealth gap getting larger every year, I cannot see the Govt "baliling them out" like America does. Too big to fail does not exist in China. So yes, it will send shockwaves around the globe.
The ASX took a 1.9% hit today amongst a lot of other exchanges. And as the wise ones keep repeating, LTR's fundamentals have not changed and nor has the management. I'm in boots and all and looking forward to a bright future in the coming months and years.
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Just read a few articles re Evergrande. With China re-evaluating...
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