American Institutions Panic After Realizing Chinese Property Is Located In China
Following Evergrande Property Services Group Ltd (HKG:6666) default unease, American Institutions have been reportedly panicking after realizing the Chinese property they have invested in is in fact, in China. Q3 2021 hedge fund letters, conferences and more Disclaimer: This is a satirical article. Institutions Realize Chinese Property Is Located In China“We’re screwed.” one anonymous Barclays’ analyst said. “We just thought anything with China was just some hot tech stock, but it turns out the real estate we are invested in, is literal Chinese soil.” the analyst added. Goldman Sachs has taken...