China Supercharges Stimulus With Biggest Cut In Mortgage Reference Rate On Record
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
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Country Garden pays dollar bond interest within grace period
Avoiding its first default and bringing some respite amid a liquidity crisis that’s shaken the nation’s financial markets.
Yang Huiyan Elisa Zhou Derek Tay Country Garden Holdings China Evergrande Group Shanghai Stock Exchange
Source: moneyweb.co.za
China trading apps tank after official calls them 'illegal'
Some online brokerages operate in a gray area, allowing Chinese investors to evade capital controls to trade in markets like Hong Kong and New York.
Source: japantimes.co.jp
Evergrande repayment lifts Chinese developers, Asia junk bonds
A relief rally boosted risk-sensitive assets including Chinese developers, junk bonds and the Australian dollar after China Evergrande Group paid interest on one of its dollar bonds.
Griffin Chan Derek Tay Huang Yuhang Shanghai Stock Exchange Property Index Lanqern Capital Management Co Seazen Holdings Co
Source: moneyweb.co.za