Stocks retreated as Evergrande and Kaisa defaulted, putting US$30 billion of offshore bonds at risk of haircuts. China’s central bank weakened the yuan after the currency reached a three-year high …
( read original story …)
The HongKong News
Stocks retreated as Evergrande and Kaisa defaulted, putting US$30 billion of offshore bonds at risk of haircuts. China’s central bank weakened the yuan after the currency reached a three-year high …
( read original story …)