The troubles of over-indebted property giant China Evergrande may have been brewing for a long time but the muted reaction in markets internationally to the dramatic downturn in its fortunes has surprised some.
The previously bruised Hang Seng Tech Index enjoyed its best day in three-and-a-half weeks, while broader Asian indexes are ending the week where they started. Weak Chinese data suggesting a slowdown in the world's second-largest economy seems to be of greater concern for now.
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