Posted on Oct 5, 2021

Chinese developer misses bond payment as stress spreads beyond Evergrande crisis

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Along with Evergrande, additional mainland Chinese and Hong Kong real estate companies now face major financial troubles with potential adverse consequences

Chinese developer misses bond payment as stress spreads beyond Evergrande crisis

Posted from cnbc.com

Posted in these groups: China

China

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Economy

Hong Kong

Finance

Posted 3 y ago

Responses: 2

SFC Randy Hellenbrand

Posted 3 y ago

Darn!! Ya mean that capitalism and Chinese communism don't mix??? LOL!

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PFC David Foster

Posted 3 y ago

Simple, extend their credit to the moon and wait for inflation to double their equity and shrink the value of money to cover their debt.

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Chinese developer misses bond payment as stress spreads beyond Evergrande crisis

Chinese developer misses bond payment as stress spreads beyond Evergrande crisis

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