Evergrande investors in limbo after payment deadline passesChina · 9:25 AM UTC
China Evergrande has left global investors guessing over whether it will make a key interest payment, adding to fears that Beijing will let overseas bondholders swallow large losses as a liquidity crisis deepens at the world’s most indebted property company.
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Evergrande's billionaire boss exuded calm as crisis grew
Mingling with power brokers at celebrations to mark the centenary of the Chinese Communist Party on July 1, a beaming Hui Ka Yan showed no signs that his company, China Evergrande , was facing mounting pressure with debt repayments.