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Another Chinese developer is sinking as junk bonds sell off

Kaisa Group is the latest to come under pressure.

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Chinese Developer Modern Land Defaults On Bond; Property Shares Drop

Chinese Developer Modern Land Defaults On Bond; Property Shares Drop

Hong kongRobert birselDonny kwokAnne marie roantreeHimani sarkarAndrew galbraithKaisa group holdings ltdChinese estates holdings ltdLand china co ltdHang seng mainland properties indexChina evergrande groupFantasia holdings groupModern landEstate indexHang sengEstates holdings ltd

China s Modern Land misses bond payment; property shares drop

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Hong kongRobert birselThomas peterAnne marie roantreeDonny kwokHimani sarkarAndrew galbraithTony munroeChizu nomiyamaKaisa group holdings ltdHang seng mainland properties indexReform commissionChina national developmentFantasia holdings groupChinese estates holdings ltdLand china co ltd

Unexpected Collapse Of Chinese Property Developer Pushes China s 2021 Default Total To Record High

Unexpected Collapse Of Chinese Property Developer Pushes China s 2021 Default Total To Record High
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China s Modern Land Misses Bond Payment, Property Shares Drop

HONG KONG/SHANGHAI Modern Land missed a bond payment, the latest Chinese property developer to do so, adding to worries about the wider impact of the debt crisis at behemoth China Evergrande Group, and dragging on shares in the sector.

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