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China property distress drives up Asian junk bond default rates amid economic headwinds, liquidity challenges: Morningstar

Asian bonds nearing distressed territory have almost doubled since mid-2021 mainly due to China’s property sector which is facing economic and liquidity challenges, according to a Morningstar report.

Country Garden Aims to Extend Maturing Bond in First Amid Crisis

(Bloomberg) Country Garden Holdings Co. is seeking to extend a maturing bond for the first time ever and halted trading in local notes, as a crisis at what was once China’s biggest developer spreads unease in the nation’s financial markets.Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaZuckerberg Says ‘Time to Move On’ From Musk Cage FightRuble Sinks to 100 Per Dollar as Sanctions Choke RussiaUS

Country Garden s HKG:2007 Crisis Deepens as Shares Slide and Bonds Fall

Country Garden s HKG:2007 Crisis Deepens as Shares Slide and Bonds Fall
livetradingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livetradingnews.com Daily Mail and Mail on Sunday newspapers.

Country Garden Seeks to Extend Maturing Bond in First for Firm

Country Garden Seeks to Extend Maturing Bond in First for Firm
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Fantasia : Evergrande averting default to do little to revive China property bond sales

Fantasia : Evergrande averting default to do little to revive China property bond sales
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

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