October 20, 2021
Markets

Factbox: What analysts have to say about Evergrande as default risks rise

An unfinished residential building is pictured through a construction site gate at Evergrande Oasis, a housing complex developed by Evergrande Group, in Luoyang, China September 16, 2021. Picture taken September 16, 2021. REUTERS/Carlos Garcia Rawlins

HONG KONG, Sept 21 (Reuters) – Worries about the fate of beleaguered developer China Evergrande Group have rattled markets around the world, and investors are looking for possible intervention by Beijing to stem any domino effects across the global economy.L1N2QN02R

Here are some highlights of what analysts have been saying about the cash-strapped company and the risks to the financial system in the event Evergrande (3333.HK) collapses. All comments are from research reports published this week.

UBS

“We think it is difficult for Evergrande to meet its liabilities. Project delivery will be the most important from social stability point of…

Read full article here: www.reuters.com