Real Estate

Chinese stocks could plunge if real estate gets worse


This summer, rising anxiety among homebuyers about apartment completion brought problems in China’s massive real estate sector — and worries about spillover to the rest of the economy — to the forefront again.

Future Publishing | Future Publishing | Getty Images

BEIJING — China’s struggling real estate sector could significantly drag down the economy and the stock market if authorities don’t provide enough support, Morgan Stanley analysts said in a report Wednesday.

The Shanghai composite has fallen by more than 12% so far this year. Several economists have slashed their China GDP forecasts to near 3% or less this year as Covid controls and the property slump weigh on growth —…


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