China Mutual Fund Values Evergrande Shares at Next-to-Nothing - Bloomberg Tax
8/18/2022 12:00:00 AM2 years 8 months ago
by John Liu, April Ma
by John Liu, April Ma
Shares of some of China’s largest property developers are now considered almost worthless by a mutual fund that holds the assets.
Shares of some of Chinas largest property developers are now considered almost worthless by a mutual fund that holds the assets. An exchange-traded fund run by HuaAn Fund Management Co. has assigned… [+465 chars]
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