Evergrande woes hit Japan's toilet, air-conditioner and paint manufacturers


TOKYO: Concern that China Evergrande may default on its mountain of debt hit shares of toilet maker Toto and other Japanese firms that are seen vulnerable to a further slowdown in China's property development.

Toto lost 6.1 % on Tuesday, extending its fall since Thursday to 14.8%, on the perceived risk of exposure to Evergrande, which investors fear could miss debt payment later this week.

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China Evergrande , Toto , Nippon Paint , GPIF

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