FashionFanatico
I really don’t care. Do U?
- Joined
- Jun 5, 2011
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I personally doubt this was because of the Gucci showSo 3 days later, investors don't like it either and the stock crashed yesterday. One wonder why ...

If you are a trader yourself or read the latest business news it's no secret that the actual plunge is most probably a direct reaction to the big property crisis in China and the fall of Evergrande founder Hui Ka Yan. The future of the world’s most indebted developer after setbacks to its restructuring plan is very bleak. In recent days the bad news roiled financial markets as even the risk of a liquidation was raised.
Evergrande is a significant employer in China and its downfall sends out worldwide shock waves. The cascading effects might entail job losses, property market downturns and an economic slowdown in China, which would affect global economies - and the luxury and travel industry in particular.