JSE faces Asian market pressure amid Chinese property jitters

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

South Africa Headlines News

US markets were buoyant overnight, but concern about the indebtedness of Chinese property developers is weighing on sentiment

The JSE looks set to open to weaker Asian markets on Wednesday morning, despite new records for major US bourses on Tuesday, with investors still jittery over debt problems in China’s property industry.

Evergrande is the country’s second-biggest property developer and is saddled with debts of about $300bn, including $20bn in international bonds, with more payments due later this week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent Johnteddy77 guided me and help me make a living through bitcoin with my coinbase app, I recommend you to meet him now and also be a beneficiary of good work

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

JSE lifts as investors bet on strong US corporate earningsHowever, risks from rising Covid-19 cases in China, persistent inflation and global supply-chain disruption might dampen the mood
Source: BDliveSA - 🏆 12. / 63 Read more »

European stocks get a boost from buoyant earningsBut Chinese property sector tumbles on fears of widening crisis as Modern Land defaults on payment
Source: BDliveSA - 🏆 12. / 63 Read more »

Most Asian markets rise after Wall St record, earnings in focusAsian markets mostly rose on Tuesday following fresh records on Wall Street. For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her Randy_Jones32 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️
Source: eNCA - 🏆 49. / 51 Read more »

MARKET WRAP: Rand falls as China property situation worsensJSE basks in glow of Sibanye-Stillwater’s $1bn Brazilian deal and strong corporate earnings in the US Talk of delta effects
Source: BDliveSA - 🏆 12. / 63 Read more »

World stocks hold firm as traders weigh corporate earnings against inflation risksEuropean shares edge up while US stock futures stay steady as investors shrug off the impact of a Chinese property tax
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE lifts as investors bet on strong US corporate earningsHowever, risks from rising Covid-19 cases in China, persistent inflation and global supply-chain disruption might dampen the mood
Source: BDliveSA - 🏆 12. / 63 Read more »