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Evergreen Marine, Asia’s Most Dramatic Hot-to-Cold Stock, Slides as China Bet Wanes

By Yu-Huay Sun and Richard Frost (Bloomberg) — A Taiwanese shipping company is enduring the sharpest swing in fortunes among Asian shares. Evergreen Marine Corp., which operates the region’s second-largest container fleet, surged 39 percent last month in the top performance among members of the MSCI Asia Pacific Index. Behind the euphoria were bets that rising demand […]

The post Evergreen Marine, Asia’s Most Dramatic Hot-to-Cold Stock, Slides as China Bet Wanes appeared first on gCaptain.



This post first appeared on GCaptain - Maritime News, please read the originial post: here

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Evergreen Marine, Asia’s Most Dramatic Hot-to-Cold Stock, Slides as China Bet Wanes

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