China’s housing sector risks falling into bear market, Citi says

September 24, 2021 12:26 PM

HONG KONG (BLOOMBERG) – China’s home prices are at risk of “meaningful downside” regardless of what happens to China Evergrande Group, according to Citigroup analysts, in what would be a further drag on the country’s economic growth.

Source : http://www.straitstimes.com/business/property/chinas-housing-sector-risks-falling-into-bear-market-citi-says

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