HUGE China Asset Manager Goes Under, Will It Cause Contagion?

HUGE China Asset Manager Goes Under, Will It Cause Contagion?

A $87B asset manager in China just went under, which posies risks to the real estate sector in China. But, the implications of this bankruptcy could go behind China and even affect US institutions as banks sit on record losses.

#stocks #stockmarket #trading

NOT FINANCIAL ADVICE

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