JSE slips as concern about China’s property sector hits sentiment
Modern Land has become the fourth developer there to default on an overseas debt obligation
27 October 2021 - 11:10
The JSE was slightly weaker on Wednesday, along with its global peers, as investors’ concerns over China’s indebted property sector outweighed strong US corporate earnings.
Debt problems in China’s property sector have become a global threat, with Modern Land becoming the fourth developer there to default on an overseas debt obligation, this week. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.