Evergrande vows to meet local debt deadline, but doubts remain over dollar bond - Printable Version

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Evergrande vows to meet local debt deadline, but doubts remain over dollar bond - pinkypanther - 23-09-2021

Chinese property developer Evergrande has said it would pay some of the bond interest due on Thursday, allaying fears of an imminent and messy collapse that had spooked investors.


Markets in Taiwan and China reopened lower after a two-day break, catching up with a sharp sell-off around the world triggered by concern over Evergrande’s predicament.


But stocks picked up after the promise to repay an estimated 232 million yuan ($35.88m), buoyed the mood.


Evergrande is still due to pay $83.5m in interest on a separate US dollar bond, but the signal on Wednesday that it has at least some ready cash for creditors seems to have cheered investors.


Investors were also encouraged when China’s central bank injected 120bn yuan ($19bn) into financial markets to ease liquidity concerns.


More at https://www.bannedsite.com/forum/current-affairs/evergrande-gave-workers-a-choice-lend-us-cash-or-lose-your-bonus

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RE: Evergrande vows to meet local debt deadline, but doubts remain over dollar bond - singlon - 23-09-2021

From now to 30092021 Xi might still pay to play.
Pay to Play Grp has a deadline the same above

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RE: Evergrande vows to meet local debt deadline, but doubts remain over dollar bond - wulala - 23-09-2021

Buying time tactic.

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RE: Evergrande vows to meet local debt deadline, but doubts remain over dollar bond - singlon - 23-09-2021

arr a snapshot...
La Palma and the 3 gorges dam are not ur ordinary tales...
Xi's refusal has a penalty of 1 trillion if related debts are included.

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RE: Evergrande vows to meet local debt deadline, but doubts remain over dollar bond - singlon - 23-09-2021

La Palma has the potential to trigger a 100 meter (about 300 foot) tsunami that would devastate the East Coast of the US, the Southern coasts of Europe, and large parts of coastal Africa and South America.

More intel on evergrande... 0140

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RE: Evergrande vows to meet local debt deadline, but doubts remain over dollar bond - singlon - 24-09-2021

https://i.ibb.co/qd6ZHXp/Screenshot-2021-09-23-at-23-44-11-Weekly-Geo-Political-News-and-Analysis-by-Benjamin-Fulford.png

This is no ordinary tales.
On the surface Talibons are left with USD85B worth of weapons.
Deeper we know the talibons burnt down the popees to the ground
They have lithium for car batt.
We have 3 gorges dam. La Palma to create tsunami if needed.

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