Looming Evergrande bond coupon payments intensify contagion fears

Looming Evergrande bond coupon payments intensify contagion fears

HONG KONG: As China Evergrande Group looks set to miss its third round of bond payments in three weeks, markets remain on edge over contagion fears involving other property developers as a wall of debt payment obligations come due in the near-term. A total of $38.8 billion offshore bonds issued by 40 Chinese developers will … Read more