Donny Kwok and Andrew Galbraith

The Latest

• October 26, 2021

  By Donny Kwok and Andrew Galbraith

  China's Modern Land misses bond payment; property shares drop

  Modern Land missed a bond payment, the latest Chinese property developer to do so, adding to worries about the wider impact of the debt crisis at behemoth China Evergrande Group, and dragging on shares in the sector.

  

  Modern Land missed a bond payment, the latest Chinese property developer to do so, adding to worries about the wider impact of the debt crisis at behemoth China Evergrande Group, and dragging on shares in the sector.