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Chinese Conglomerate Huafa’s Bonds Plunge in Biggest Daily Drop

Zhuhai Huafa Group Co., one of China’s largest local government-owned conglomerates, is facing a record selloff in its offshore bonds, as the country’s prolonged property crisis raises credit risks.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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