A housing complex developed by China Evergrande in Huaian in eastern Jiangsu province. Photo: AFP
A housing complex developed by China Evergrande in Huaian in eastern Jiangsu province. Photo: AFP

China’s state-ordered property funding plan will fuel bad loans, hurt shareholders, analyst warns

  • BCA recommends shorting bank stocks and buying consumer staples and auto stocks to capitalise on China’s policy pain
  • Relative equity trade strategy can be applied in both onshore and offshore markets

A housing complex developed by China Evergrande in Huaian in eastern Jiangsu province. Photo: AFP
A housing complex developed by China Evergrande in Huaian in eastern Jiangsu province. Photo: AFP
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