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China property developers facing a troubling end to the week
Extrait：Kaisa to sell assets after missing payment and Fantasia's project firm is said to not have repaid principal and interests as of today
China property developers facing a troubling end to the week
This isn't quite getting a wider airing and probably not enough attention as it should. As much as Evergrande is the big name that everyone is watching out for, it isn't the only one to watch when it comes to China's property market at the moment.
I've made mention of this over the past week (latest post here) and I still foresee that there might be risks to broader market sentiment once investors open their eyes a little more.
Kaisa and Fantasia are the two names in the headlines once again today with the former seeing shares of its holding group and three other units suspended, a day after missing a payment to onshore investors.
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FBS
GO MARKETS
XM
IC Markets Global
Saxo Banque
Trive
Courtiers WikiFX
FBS
GO MARKETS
XM
IC Markets Global
Saxo Banque
Trive
FBS
GO MARKETS
XM
IC Markets Global
Saxo Banque
Trive
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