SinoInsight 1 On Nov. 10, Yongcheng Coal & Electricity Holding Group Co, a state-owned enterprise in Henan Province, defaulted on a 1 billion yuan ($151 million) bond. Yongcheng said it failed to make principal and interest payments worth 1.032 billion yuan on the ultra-short bond. On Nov. 11, two other Yongcheng bonds saw their price …
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