Evergrande downgrade to cause losses for BlackRock, HSBC, UBS, and others

Evergrande downgrade to cause losses for BlackRock, HSBC, UBS, and others

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The Evergrande meltdown in China continues to unfold, as a new report suggests Blackrock, UBS, HSBC, and others are set to face large losses as the major holders of the bonds that just got downgraded.

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Evergrande downgrade to cause losses for BlackRock, HSBC, UBS, and others