Bloomberg Television
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China Developer Shimao Gets Holders' Nod to Extend Local Bond Payment
Posted
July 8, 2022
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July 8, 2022
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1:28Now PlayingChinese property developer Shimao Group Holdings Ltd. narrowly avoided a domestic bond default just days after failing tor epay a $1 billion dollar note. Meanwhile, A China Huarong Asset Management Co. perpetual dollar bond is set for its biggest drop since the company spooked investors about its financial health last year. Rebecca Choong Wilkins reports on Bloomberg Television.
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