DMSA study: EVERGRANDE - 10 Billion US-Dollar in losses for Asia-Funds
- Written by PR Newswire
BERLIN, Nov. 17, 2021 /PRNewswire/ -- The Evergrande default and the China real estate crisis are currently causing around 10 billion US dollars in losses at the ten largest pension and investment funds specializing in Asia, with the largest Evergrande bond exposure of around 1.2 billion US dollars. Of these, US$7 billion have already been...