Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Huafa’s $62 Billion Debt Strain Shakes China’s Credit Market

China’s credit market just suffered its worst selloff in two years as a major conglomerate’s plunge into distress tests the assumption that government ties can protect state-owned firms from financial peril.

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 →

More in Finance & Markets

More from Tuesday 3 November →