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Daily Alert: Shares continue their falls

  • Overnight, there’s been a deepening of the tumble in equities that began on Friday.
  • Evergrande, a major Chinese property developer, is heavily indebted and is teetering on the brink of collapse after the introduction of new borrowing rules by Beijing. 
  • Outside of equities, the risk-off tone in markets was evident across the board. 

 

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