The shares, which have been suspended since October 21, sank nearly 40% in Asia opening hours to HK$0.23, a historical low
Evergrande shares hit a record low on Wednesday after a missed debt payment left the firm at risk of becoming China's biggest defaulter, and trading in Kaisa Group stock was suspended
Default shows some developers continue to struggle even as Beijing has started to marginally relax financing to meet developers' normal funding needs
Property developer sought to exchange its 6.5% offshore bonds due December 7 for new notes due June 6, 2023, at the same interest rate
Kaisa's notes exchange offer will expire at 4pm London time on Thursday unless it extends or terminates the proposal. One asset manager said it looks like the group will face restructuring
Bond yields rose, currencies weakened, and risk premiums edged up amid increased global inflation and the US Fed’s tighter policy
Embattled property development company remits $83.5 million in coupon payments to a trustee account at Citibank on Thursday
(ATF) Bank of China has debuted China’s Yulan bonds, a new debt product that...
China’s Alibaba Group Holding Ltd plans to raise at least $5 billion through the sale of a US...