Investors reprice property equities as credit market risk intensifies
In the April issue of CREDI, the Main index decreases from 49.5 to 33.7 indicating the worst credit market sentiment since the inception of CREDI in 2012. Meanwhile, market capitalisation for property equities decline sharply as investors fear Covid-19 outbreak.“This year’s first CREDI survey indicate the most challenging credit market sentiment since the inception of CREDI in 2012 as the Main index is recorded at its lowest point to date. Following the outbreak of Covid-19, the CREDI Main index declined sharply from a previously stable level around the 50-mark to 33.7. In the meantime,