Shares of the Asia-focused bank tanked as much as 17% in early deals, sparking a temporary halt in trade, Reuters reported. The stock was 11.7% lower by 10:15 a.m. London time.
Shares of the Asia-focused bank tanked as much as 17% in early deals, sparking a temporary halt in trade, Reuters reported. The stock was 11.7% lower by 10:15 a.m. London time. Halford noted that China's commercial real estate sector "clearly has been problematic," but said that GDP in the country is forecast to bounce back around 5% within the next two to three years.
"China remains both a blessing and a curse for Standard, with the country's faltering economic recovery weighing heavily on these results," he said.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม: