13 min

The lowdown on Evergrande; Kathmandu’s profit leaps; Fabric Property’s IPO gets cancelled‪.‬ Recap

    • Investing

Following stock markets taking a tumble, we dig deep into what’s happening with China’s Evergrande Group. Kathmandu’s (KMD) profit leaps to $63M, although the company warns of lockdown impacts. In a turn of events, Stride Property (SPG) cancels its plans to take Fabric Property public.

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Investing involves risk. You aren’t guaranteed to make money, and you might lose the money you start with. We don’t provide personalised advice or recommendations. Any information we provide is general only and current at the time. For specific advice, speak to a licensed financial advice provider

Following stock markets taking a tumble, we dig deep into what’s happening with China’s Evergrande Group. Kathmandu’s (KMD) profit leaps to $63M, although the company warns of lockdown impacts. In a turn of events, Stride Property (SPG) cancels its plans to take Fabric Property public.

www.sharesies.com 

For more share market news, subscribe to Lunch Money, Sharesies’ bite-sized email update: https://www.sharesies.nz/lunch-money

If you'd like to get in touch, for any reason at all, email recap@sharesies.co.nz or record a voice message: https://anchor.fm/sharesies2/message.

Investing involves risk. You aren’t guaranteed to make money, and you might lose the money you start with. We don’t provide personalised advice or recommendations. Any information we provide is general only and current at the time. For specific advice, speak to a licensed financial advice provider

13 min