China Evergrande Group’s debt crisis might not be China’s “Lehman moment” but it has sent ripples through stocks tied to the developer and the world’s second-biggest economy.
Creditors, investors and suppliers of the embattled firm and its peers are top on traders’ impact list. Next up are companies with sizable revenue from China, also in the spotlight due to the nation’s ongoing regulatory clampdown. Industrial stocks are a key focus for U.S. market watchers while those in Europe are looking at miners.