Defaults in China’s property sector were concentrated in economically developed regions, with Guangdong province, Beijing ...
News that Shanghai Chaori Energy Science and Technology was set to miss a coupon payment tomorrow had severely hit the market, Chuanzhong said. Two other companies have postponed debt offerings since ...
HONG KONG/SHANGHAI (Reuters) - China has seen a jump in private-sector corporate debt defaults this year to record highs as the pace of economic growth slows to its lowest level in nearly 30 years ...
China Vanke received approval from bondholders to push back repayment on debt and obtained a fresh loan from a state-owned shareholder, giving it more breathing room as the developer wrestles with a ...
HONG KONG – State-backed property developer China Vanke, once the country’s largest homebuilder by sales, narrowly avoided defaulting on a 2 billion yuan ($284 million) bond last week as the painfully ...
Sweetens 1-yr repayment extension plan with $8.5 mln interest payment by Dec 22 Seeks to extend repayment grace period to 30 days Meets insurers, banks on Wed, Bloomberg News reports BEIJING/SHANGHAI, ...
Concerns over China's property sector have resurfaced after China Vanke's (CHVKF) bondholders rejected its plan for a one-year extension of a bond payment that's due this week, raising the risk of ...
The fallout in China's property sector is showing no signs of abating, as more developers face the threat of default — even as uncertainty over the fate of heavily indebted Evergrande looms. Stream ...
Investors risk missing costly repayment windows as borrowers use fragmented disclosure channels across China's credit market.
SHANGHAI - Foreign investors raised their holdings of Chinese government bonds (CGBs) in November at the fastest pace in 10 ...
China Vanke Co.’s bonds extended their rally, a day after the distressed developer unveiled sweetened proposals to extend payments on some notes, potentially easing the risk of an imminent default.