The developer got an extension on two onshore bonds totalling 20 billion yuan, or $3 billion, due on May 6, to November 6
Struggling developer, which has $300 billion in liabilities, is offering special discounts with a target of 1-billion yuan in sales in upcoming holiday break
Onshore bondholders of Hengda's 7% 2026 bond have agreed to delay the coupon payment to October 27, Hengda said in a filing