Looming Evergrande bond coupon funds intensify contagion fears

Looming Evergrande bond coupon funds intensify contagion fears

[ad_1] HONG KONG: As China Evergrande Group seems to be set to overlook its third spherical of bond funds in three weeks, markets stay on edge over contagion fears involving different property builders as a wall of debt cost obligations come due within the near-term. A complete of $38.8 billion offshore bonds issued by 40 … Read more

Learn how to inform if the Evergrande disaster is spilling past China

Learn how to inform if the Evergrande disaster is spilling past China

[ad_1] Worries surrounding debt-strapped property developer China Evergrande have put buyers on guard for proof that the disaster could also be spilling over into broader markets. Evergrande, as soon as China’s top-selling property developer, owes $305 billion, has run in need of money, and buyers are apprehensive a collapse might pose systemic dangers to China’s … Read more