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Transcripts For BBCNEWS Asia 20240703

Wiped out the last of its gains made for the year so far. Some of the heaviest losses came in from the big tech stocks which sent the Nasdaq Composite to a Market Leading Loss of nearly 1. 9 . Shares of chinese real estate Giant Evergrande jumped by 28 as trading resumed in hong kong, after being halted last week. We will put up those figures for you as well, and as you can see the debt laden Developers Stock market valuation has fallen by almost 99 sincejuly valuation has fallen by almost 99 since july 2020. Valuation has fallen by almost 99 sincejuly 2020. We should also point out that it is a penny stock at this stage, just to put those numbers in context as well. 0ver to put those numbers in context as well. Over the last year, it has come to light th ....

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Transcripts For BBCNEWS Asia 20240703

The dow wiped out the last of its gains made for the year so far. Shares of chinese real estate Giant Evergrande jumped by 28 as trading resumed in hong kong, after being halted last week. We will put up those figures for you as well, and as you can see the debt laden Developers Stock market valuation has fallen by almost 99 since july 2020. We should also point out that it is a penny stock at this stage, just to put those numbers in context as well. Over the last year, it has come to light that the Evergrande Company is the worlds most indebted developer, with liabilities at over 300 billion. But its not alone. Other Smaller Developers have also defaulted on their debts, leaving unfinished building projects across the country. The
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