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

China property_Adobe_23July

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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