Share on facebook
Share on twitter
Share on telegram
Share on whatsapp
Share on linkedin
Share on print
Share on email

Default of ‘AAA’-rated SOE spooks markets; the dangers of US presidential election information silos

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 …

Read moreDefault of ‘AAA’-rated SOE spooks markets; the dangers of US presidential election information silos

To access this post, please log in.