Not So Evergrande: China’s $300 Billion Property Debt Bomb Nears Its Lehman Moment

Evergrande’s 8.75% note due 2025 fell 1.5 cents on the dollar to 33.7 cents, according to Bloomberg-compiled data. Its shares earlier closed 0.7% lower in Hong Kong trading, taking this year’s decline to 71%.

 

 

 

https://www.zerohedge.com/markets/chinas-lehman-moment-approaching-evergrande-warns-default-risk-cash-crunch