China's stock markets are plunging. Three difficult weeks have resulted in a loss of $3,000bn. The country of 90 million retail investors has begun to fear of the bursting of the equity bubble after months of rallying. Like other European players, Ageas is present in China through a JV. The Asian region is a key business area for the insurer, which had decided to deploy more capital in emerging markets in general, and in China in particular. With the current events, the Belgian insurer is lik
09 Jul 2015
Chinese engine can slow down
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Chinese engine can slow down
ageas SA/NV (AGS:WBO) | 0 0 0.6% | Mkt Cap: 8,608m
- Published:
09 Jul 2015 -
Author:
Bassem Neifer -
Pages:
2
China's stock markets are plunging. Three difficult weeks have resulted in a loss of $3,000bn. The country of 90 million retail investors has begun to fear of the bursting of the equity bubble after months of rallying. Like other European players, Ageas is present in China through a JV. The Asian region is a key business area for the insurer, which had decided to deploy more capital in emerging markets in general, and in China in particular. With the current events, the Belgian insurer is lik