A further risk to Chinese shares and a flight to safety assets like gold and USD could be collapse of Evergrande and default on its $300bn in debt.
Who knows how the market reacts in reality, but that is certainly on the probability distribution as a short-term catalyst to spark a tail-risk type reaction.
https://www.bbc.com/news/business-58540939
is something brewing?, page-4
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Last
$5.17 |
Change
-0.100(1.90%) |
Mkt cap ! $10.28B | |||
| Open | High | Low | Value | Volume |
| $5.20 | $5.24 | $5.15 | $36.12M | 6.961M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 42963 | $5.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.18 | 500 | 1 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| EVN (ASX) Chart |