Evergrande Singapore

SINGAPORE Major Asia-Pacific markets closed mixed on Wednesday while shares of Chinas most indebted property developer Evergrande and some of its units soared. For now the contagion from Evergrandes risks has not spread beyond the real estate sector in Chinas high-yield bond markets the Bank of Singapore.


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SINGAPORE Reuters - Asian stock markets made a cautious start on Wednesday and the dollar held firm amid lingering nerves about the fallout from a looming failure at developer China Evergrande.

Evergrande singapore. Evergrande is the largest high-yield dollar bond issuer in Asia and a sizeable issuer in the onshore bond market although not as significant compared to the offshore market.


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