Chinese #property developer Sunshine 100 tumbled as much as 87% before paring loss to 40% in HK. The company said Mon morning that it’s unab

By
-
0
565

Chinese #property developer Sunshine 100 tumbled as much as 87% before paring loss to 40% in HK. The company said Mon morning that it’s unable to pay $170 mln principle and $8.9 mln interest on a 10.5% dollar bonds due Dec. 5 due to liquidity issues.

Chinese #property developer Sunshine 100 tumbled as much as 87% before paring loss to 40% in HK. The company said Mon morning that it's unab

Hat Tip via Twitter: @YUAN TALKS

Our Twitter for Quick Updates: Twitter Follow Us

This site uses Akismet to reduce spam. Learn how your comment data is processed.