Property Stocks Drop; Kaisa Has Yet to Pay: Evergrande Update.

VALUATION of corporations; BONDS (Finance); DEFAULT (Finance); STOCK exchanges; BOND prices; INTERBANK market; COUNTERPARTY risk; JUNK bonds

Keywords: 000671@CH; 000961@CH; 136@HK; 1516@HK; 1638@HK; 1918@HK; 3333@HK; 3883@HK; 600823@CH; 700@HK; ALLTOP; ASIA; BON; BUSINESS; CHINA; COS; FIN; HK; INDUSTRIES; LAW; MARKETS; REL; STK; WORLD; WWTOP EN 000671@CH 000961@CH 136@HK 1516@HK 1638@HK 1918@HK 3333@HK 3883@HK 600823@CH 700@HK ALLTOP ASIA BON BUSINESS CHINA COS FIN HK INDUSTRIES LAW MARKETS REL STK WORLD WWTOP R2MN0ODWX2PU00000 DNMLENf-20211115181111.xml R2MN0ODWX2PU (Bloomberg) -- Chinese property developers are putting their own shares under pressure as they look to raise cash to pay debt and ride out a historic funding squeeze. Developers See Rising Bond Pledging Risks (2:48 p.m. HK) Chinese developer Shanghai Shimao Co. is continuing to see stress building in its local bonds, data from the exchange-traded repo show. Yango Extends Exchange Offer Deadline (8 a.m. HK) Yango Group has extended the expiration deadline for its dollar bond exchange offer and consent solicitations to 4 p.m. London time on Nov. 17, according to a Hong Kong stock exchange filing. [Extracted from the article]

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