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Search Result for “evergrande”

Showing 1 - 6 of 6

BUSINESS

Jitta Wealth touts beaten down Chinese stock funds

Business, Nuntawun Polkuamdee, Published on 16/02/2024

» Foreign mutual funds that invest in China have posted negative returns as the property crisis drags on, but analysts believe the mainland still holds long-term investment potential as prices of quality stocks there have fallen to the lowest level in five years.

BUSINESS

Lingering bank worries keep lid on Asian shares

Business, Nuntawun Polkuamdee, Published on 25/03/2023

» RECAP: Asian shares came under pressure yesterday after lingering banking stability concerns gripped Wall Street, while bond markets bet that recent rate hikes by central banks will be among the last of the cycle, allowing for policy relief later in the year.

BUSINESS

China optimism lifts Asian equities

Business, Nuntawun Polkuamdee, Published on 07/01/2023

» RECAP: Asian equities advanced on Friday amid hopes for China's emergence from the pandemic and an economic lift from renewed travel from the mainland.

BUSINESS

Rates, inflation and energy have investors' attention

Business, Nuntawun Polkuamdee, Published on 10/09/2022

» RECAP: Global markets remained fixated this week on inflation, interest rates and energy prices. There was added drama in Britain, where the passing of Queen Elizabeth II came just two days after Prime Minister Liz Truss took office and announced a bold plan to cap soaring energy prices for two years.

BUSINESS

ASPS sees market rebound, economic recovery in 2022

Business, Nuntawun Polkuamdee, Published on 07/10/2021

» The Thai economy can expect 3.2% growth and a clear recovery in 2022, while total profits of listed companies are projected to rise to 921 billion baht, up 8.8% from this year, according to Asia Plus Securities (ASPS).

BUSINESS

Analysts jittery over Evergrande default

Business, Nuntawun Polkuamdee, Published on 22/09/2021

» Analysts recommended slowing investment in Chinese stocks after China Evergrande Group, China's second-largest real estate developer, declared in a statement on Sept 20 that a default is likely, sending stock markets reeling across the globe.