Modern Land misses bond payment - Reuters News Agency
Business & FinanceReuters News First

Modern Land misses bond payment

On Oct 26, Reuters was ahead when Chinese property developer Modern Land said it would not make a bond payment, the latest in a string of Chinese firms including Evergrande that are struggling with liquidity.

Market Impact

The Hong Kong property index fell 4%.

Article Tags
Topics of Interest: Business & FinanceReuters News First
Type: Reuters News First
Sectors: Business & FinanceEquities
Regions: Asia
Countries: China
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
Men work at the construction site of a highrise building in Beijing, China, October 18, 2021.   REUTERS/Thomas Peter
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