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China's Country Garden seeks to delay onshore bond repayment, fanning market fears [real estate market] (www.reuters.com)

submitted 1 year ago by jimmyjamxoxo@lemmy.ca to c/finance@beehaw.org

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Country Garden, China's largest private developer, is seeking to delay payment on a private onshore bond for the first time, a source said, after suspending trading in 11 onshore bonds, sending its shares plunging to a record low on Monday.

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