Country Garden's Yang Huiyan Sees Wealth Slide Amid Debt Crisis
Yang falls 24 spots to No. 93 on list of China’s 100 Richest.
Source: forbes.com
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Country Garden Narrowly Avoids Default By Paying Dollar Bond Interest Within Grace Period
The Chinese property developer was able to avoid defaulting on its dollar-denominated bonds by making overdue payments on Tuesday, offering a temporary reprieve to the debt-stricken company.
Source: forbes.com
World's Onetime Youngest Female Billionaire Sees Wealth Plunge 82% As Default Risks Grow
Yang Huiyan has seen her wealth plunge by a whopping $24.8 billion over the past two years, as shares of Country Garden have dropped to an all-time low.
Source: forbes.com
What Credit Ratings Have to Do With the Fallout at SVB, First Republic
Credit ratings agencies provide independent assessments and calls on the creditworthiness of companies.
Source: businessinsider.com
China Pumps Up The 'Panda Bond' Market | Global Finance Magazine
With interest rates rising in the West, China hopes its falling interest rates will attract multinationals to its domestic bond market.
Source: gfmag.com