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Tag Archives: Evergrande

Fitch downgraded Sinic – Chinese Real Estate Developer Slumps 87%

Sinic

Sinic Holdings one of the biggest Chinese real estate developers slumped 87% at 0.50 and trading halted in Hong Kong as fears of Evergrande contagion grow in the region. The stock hit the daily low at 0.37, on Friday Sinic stock closed at 3.85.

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