Midsized Bank Everbright Hit by China's Property Turmoil
By
Xiao Wei-Lin
1 min read
In a time of property market turmoil in China, midsized bank Everbright is facing challenges. The impact of the property market downturn in China has led to financial risk for the bank. This situation reflects the broader economic challenges in the country, highlighting the vulnerability of financial institutions to external market dynamics.