‘No One Immune’ Amid China Property Turmoil, JPMorgan Says


Source: yahoo.com yahoo.com

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(Bloomberg) -- Chinese developers may report a 30% year-on-year decline in first-half earnings due this month, which will likely weigh on sentiment, according to JPMorgan Chase & Co. analysts. Most Read from Bloomberg Saudi Billionaire Made $500 Million Russia Bet Near War’s Onset How the US Toppled the World’s Most Powerful Gold Trader Ukraine Latest: First UN Wheat Cargo Sets Sail for Ethiopia US Lawmakers Visit Taiwan After Pelosi Trip Infuriates China Will Housing Prices Flatten — or Collapse? “No one is immune” amid the industry turmoil and investors’ concerns about the liquidity of most private developers are set to...