China's economy is teetering — and these European companies are among the most at risk

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

CNBC Pro screened for stocks with most revenue exposure to China and found that some companies derive more than half of their sales from the country.

Several signals from China this week suggest that European companies with close ties to the world's second-largest economy may face difficulties in the coming months. China's central bank, in a surprise move, cut interest rates on Tuesday as it attempts to buoy a stuttering economy. Wall Street bank JPMorgan also raised its expectations for higher default rates in the broader emerging markets, primarily due to rising contagion fears in China's depressed property sector.

Pro's analysis of sales data found that companies in the mining and autos sector, luxury goods, and semiconductor and high-tech manufacturing are the most exposed to China. The table below shows the top 20 companies in the Stoxx Europe 600 index, with the most significant revenue share directly dependent on China. Mining London-listed mining giants Rio Tinto and Anglo American had some of the biggest revenue exposure to China as a percentage of their total sales.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Luxury American Company Tapestry to Acquire Capri Holdings in a Bid to Rival European Luxury Conglomerates.The US 8.5 Billion dollar deal is a strategic move by Tapestry to create a 'new powerful global luxury house'.
출처: Luxuo - 🏆 571. / 51 더 많은 것을 읽으십시오 »