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Market sceptics are alive and well in HK

Tuesday, December 20, 2016 - 05:50

Hong Kong

MARKET sceptics are surprisingly healthy in Hong Kong. A scathing analysis from GMT Research claims that Evergrande needs to take 150 billion yuan (S$31.2 billion) of writedowns, enough to destroy the Chinese property giant's equity. That is brave given the hard time authorities

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