All eyes are once again on embattled Chinese developers, as they face bond repayment deadlines on Tuesday.Investors will be closely watching if China Evergrande Group, the mainland’s most indebted developer, will officially default on its public debt for the first time and whether it will be joined by another highly leveraged peer, Kaisa Group Holdings.Evergrande, which has entered debt restructuring under the watch of the Guangdong provincial government, said last Friday that it may not be…
Source : South China Morning Post
Read more…All eyes on China Evergrande, Kaisa as indebted mainland developers face bond repayment deadlines
