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Property Software and Hi-Tech

China Fortune Land’s bonds see rollercoaster ride after defaults on domestic debt

  • February 4, 2021
  • 11
  • 1 minute read

China Fortune Land Development’s domestic and offshore bonds swung this week after the property company admitted to onshore defaults worth Rmb5.255bn ($813m), adding to ongoing concerns about its liquidity condition and access to funding. Addison Gong reports.

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