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.
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.
Source: moneyweb.co.za