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Evergrande dodges default, priming share rally

Vesna Poljak
Vesna PoljakCompanies editor

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A radical turn of events for troubled Chinese developer Evergrande that rescued it from imminent default has helped Australian materials stocks to steep gains, lifting the broader market by 0.32 per cent.

 

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Vesna Poljak is the Companies editor. She was previously the Markets editor with a special interest in the investment industry, hedge funds and accounting. She is based in the Sydney newsroom. Connect with Vesna on Twitter. Email Vesna at vpoljak@afr.com

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    Original URL: https://www.afr.com/markets/equity-markets/evergrande-dodges-default-priming-share-rally-20210922-p58try