China
state-backed Greenland Holdings has defaulted on a
dollar bond worth $432 million due to a missed amortization
payment, sources with knowledge of the matter said on Wednesday. The.
Analysis: worsening meltdown in the country’s debt-laden property market is at the heart of a problem that comes at a precarious time for the Communist party
HONG KONG (Reuters) - S&P Global Ratings raised Greenland Holdings Corp Ltd by one notch to "CCC" on Wednesday, after the Chinese state-backed propert.
HONG KONG (Reuters) - S&P Global Ratings raised Greenland Holdings Corp Ltd by one notch to "CCC" on Wednesday, after the Chinese state-backed propert.
HONG KONG -Ratings agency S&P Global on Wednesday downgraded Greenland Holdings to selective default, after the Chinese state-backed property developer extended the maturity of its $500-million.