China's Zhenro Properties shares, bonds plunge on debt restructuring concern

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 66%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

SHANGHAI :Shares and bonds of Chinese property developer Zhenro Properties fell heavily on Friday before one of its yuan bonds was temporarily suspended from trading.Its shares closed down 66.4per cent to their lowest level since listing in Hong Kong in January 2018, while shares in its property services unit

SHANGHAI :Shares and bonds of Chinese property developer Zhenro Properties fell heavily on Friday before one of its yuan bonds was temporarily suspended from trading.

The Shanghai-based company, China's No. 30 property developer by sales, did not immediately respond to a Reuters request for comment.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in LOANS

Loans Loans Latest News, Loans Loans Headlines