Zhongrong Xinda misses coupon payment again as woes deepen

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Zhongrong Xinda misses coupon payment again as woes deepen

default_575px_Adobe_2July20
Яна Василевская - stock.adobe.com

Shandong-based Zhongrong Xinda Group failed to make the interest payment on a Rmb1.5bn ($215m) medium-term note on Monday, triggering further downgrades onshore.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article