tg-me.com/csharp_1001_notes/615
Create:
Last Update:
Last Update:
@csharp_ci
tg-me.com/csharp_1001_notes/615
BY C# 1001 notes
Share with your friend now:
tg-me.com/csharp_1001_notes/615
View MORE
Open in Telegram
C 1001 notes Telegram | DID YOU KNOW?
Date: | C 1001 notes
The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothersβor maybe the next Silverado?βechoed through the canyons of Wall Street as investors prepared for the worst.
However, analysts are positive on the stock now. βWe have seen a huge downside movement in the stock due to the central electricity regulatory commissionβs (CERC) order that seems to be negative from 2014-15 onwards but we cannot take a linear negative view on the stock and further downside movement on the stock is unlikely. Currently stock is underpriced. Investors can bet on it for a longer horizon," said Vivek Gupta, director research at CapitalVia Global Research.
C 1001 notes from nl