Citigroup sits between Russia and a possible bond default
Russia’s finance minister said payments on its foreign debt were sent to Citigroup, but investors haven’t received any money
Source: livemint.com
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Evergrande crisis: Central China Real Estate, Yango Group make last-ditch efforts to avoid bond defaults as Beijing piles on the pressure
Central China Real Estate and Yango Group made last-ditch arrangements to avoid bond defaults after regulators told embattled home builders they must prepare to repay their debts.
Source: scmp.com
Which industries in China have the most corporate debt? — Quartz
China has one of the world's highest levels of corporate debt, making up 31% of the global total.
Source: qz.com
Stock bears dominate Hong Kong market amid hidden debt, default concerns while tech index slumps
Growing concerns about hidden debt and widening default among Chinese developers are pressuring the market with the Hang Seng Index trading near a one-year low.
Source: scmp.com
China stocks retreat as Evergrande seeks to delay debt repayment while Hong Kong market pauses for holiday
Stocks in mainland China retreated as Evergrande’s debt crisis stoked concerns about contagion risks in a slowing economy. The central bank injected US$18.6 billion into the banking system to calm nerves.
Source: scmp.com