Tahoe defaults onshore as liquidity dries up
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Asia

Tahoe defaults onshore as liquidity dries up

arrow_575px_adobe_9July20

Chinese property company Tahoe Group defaulted on an onshore bond this week because of struggles with tight liquidity, limited market access and poor corporate governance. But its shares still ended up soaring amid a mainland-wide rally in stocks. Addison Gong reports.

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