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Evergrande’s bond crash hits China’s high yield market

China property_Adobe_23July
By Morgan Davis
10 Jun 2021

Chinese property company Evergrande Group’s dollar bonds have plummeted in the secondary market, following news that regulators are scrutinising the borrower. The effect has been far-reaching — dampening sentiment for other high yield real estate bonds and putting both investment bankers and investors on guard. Morgan Davis reports.

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By Morgan Davis
10 Jun 2021