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Chinese developer Yuzhou warns of bond defaults amid mounting liquidity crisis

Published: January 24, 2022

Shenzhen-based developer says it will not make payment on dollar bonds due Tuesday, but plans to relaunch an exchange offer for the notes and maintain active communication with investors.

Source: scmp.com

Related Topics:

Yuzhou Group HoldingsDebt CrisisDafa PropertiesExchange Offers

Country Garden drop weighs on property sector: Evergrande update

Published: January 14, 2022

The stock is on track for its worst week since September, while a dollar bond due in 2024 is also set for a record low.

Source: moneyweb.co.za

Related Topics:

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