Entain shares soar to life high after DraftKings' $22.4 bln buyout…
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In a shared to TikTok, Mr Mitchell can be seen initially mistaking the event for muscle shakes which often occur during strenuous training sessions, before calling out to his housemate: ‘Dude, is that an earthquake? Relief on the global markets as Chinese property giant… Don’t be naive about Evergrande, says HSBC chief Noel Quinn:… Why are investors worried about Evergrande? ‘Lehman moment’ fears as debt crunch at Chinese property…
Harry Mitchell was in the middle of a plank in the city’s inner-south when a magnitude 5.8 quake rocked Victoria at 9.15am on Wednesday, the biggest the state has experienced since European settlement in 1834. The origins of the current precariousness is a debt ratio cap imposed on the Chinese property sector last year. It owes $305billion (£223billion) to lenders, and investors fear a collapse could send shockwaves through Chinese markets and beyond.
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