Hong Kong stocks sink as Evergrande woes spread, Ping An tumbles

September 20, 2021 11:01 AM

HONG KONG (BLOOMBERG) – Concerns about the health of China’s real estate sector spilled into Hong Kong markets on Monday (Sept 20), sparking the biggest selloff in property stocks in more than a year and dragging down everything from banks to Ping An Insurance Group and high-yield US dollar bonds.

Source : http://www.straitstimes.com/business/companies-markets/hong-kong-stocks-sink-as-evergrande-woes-spread-ping-an-tumbles