Evergrande debt crisis has limited impact on Bursa

This file photo taken on September 15, 2021, shows signage on the China Evergrande Centre in Hong Kong.

KUALA LUMPUR: AmInvestment Research believes the sharp fall in China’s Evergrande Group share price will have a limited impact on Malaysia’s stock market.

Evergrande’s share price fell 10% on Monday to HK$2.28. This is the lowest level in more than 11 years. Year-to-date, the stock has tumbled 85% from HK$14.90 at the start of 2021.