Chinese Stocks Plummet: P/E at 10-Year Low, Evergrande Liquidation Sparks Economic Crisis… Real Estate Index in 85% Free Fall

Sharing is Caring!

Chinese stocks hit a decade-low P/E ratio at 8, revealing a concerning trend in valuation practices. In a seismic development, a Hong Kong court orders Evergrande’s liquidation, plunging its stock further, while China’s real estate index remains in an 85% free fall. In response to the crisis, China deploys economic stimuli, contemplating a short selling ban. The recent reduction of reserve requirements reflects the deepening economic woes, compounded by 19 consecutive months of falling home prices. China’s financial landscape is in tumult, demanding scrutiny and caution.

See also  China's property predicament: Evergrande's long shadow, birthrate woes, and the looming economic chill.
See also  The Second Motive of the Migrant Crisis Revealed
Views: 213

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.