$Tiger Brokers(TIGR)$ Evergran

2021-09-22

$Tiger Brokers(TIGR)$ Evergrande Debt Payment

Evergrande core unit Hengda Real Estate will make an interest payment due Sept. 23 on domestic debt, easing default fears, at least in the very short term. Evergrande default fears rattled financial markets around the world on Monday. The property-led conglomerate has $300 billion in debt and has missed two other recent interest payments. There is concern that foreign bondholders will end up taking heavy losses.

The Shanghai stock exchange opened lower after a long weekend, but closed up slightly.

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NightKL
2021-09-22
NightKL
RecOveriNg and steadying

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