DMSA study: EVERGRANDE - 10 Billion US-Dollar in losses for Asia-Funds
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 incurred in real terms and a further US$2 billion will be realized when insolvency is filed. A further US$158 billion in losses on Evergrande from CDS investments by international investors is expected.
- 17.11.2021, 11:00
- Kategoria: Biznes i finanse
- Źródło: APA-OTS