SHANGHAI, Aug 27 (Reuters) - An airport operator under the umbrella of China's debt-laden HNA Group technically defaulted on bond payments after it failed to repay the principal on a commercial paper issue by the Friday deadline. The Shanghai Clearing House said on Monday it had received interest and principal payments from Haikou Meilan International Airport Co Ltd after the deadline. Haikou Meilan said the delay was due to a technical issue. It brings to 19 the number of companies that have defaulted on bond payments so far this year, and follows a default by beleaguered Dandong Port Group Co Ltd. The 19 companies have defaulted on 39 bonds worth a total of 44.2 billion yuan ($6.43 billion) this year, adding to worries about risks to the economy as growth slows and a trade war with the United States intensifies. The list of bond defaults includes a rare missed payment by a local government financing vehicle. Xinjiang Production and Construction Corps (XPCC) Sixth Division State-Owned Asset Management Co Ltd missed bond payments totalling 521.8 million yuan due Aug. 13, before making the payments two days later. Amid the rise in defaults, Beijing has punished one of the country's top ratings agencies, with two regulators criticising the company for providing expensive consultation services to firms for which it also issued credit ratings. While China has moved to ease credit conditions and encourage investment in corporate bonds to support struggling private firms amid signs of slowing economic growth, corporate issuers have not been the main beneficiaries of these policies. Despite the relatively high number of cases this year, China's policymakers have said that the default rate remains much lower than in many other countries, and that risks in the bond market are generally controllable. Following is a list of defaults as of Aug. 27, 2018: Issuer Issuer Value (CNY) Maturity Tenor Coupon Type type Haikou Meilan Private 1,000,000,000 2018/08/24 270 days 7.30% Super International short-term Airport Co commercial Ltd paper Dandong Port Private 2,000,000,000 2018/08/21 3 years 7.20% Private Group Co Ltd placement CEFC Shanghai Private 2,100,000,000 2018/08/20 270 days 6.30% Super International short-term Group Ltd commercial paper Sixth SOE 1,050,000,000 2018/08/13 5 years 7.00% Private Engineering placement Bureau of CCIN Co Ltd Xinjiang SOE/LGFV 500,000,000 2018/08/13 270 days 5.89% Super Production short-term and commercial Construction paper Corps (XPCC) Sixth Division State-Owned Asset Management Co Ltd Wintime Private 3,590,000,000 2018/08/06 5 years 7.30% Exchange-t Energy Co Ltd raded corporate bond Leshi Private 73,000,000 2018/08/03 5 years 10.00% Private Internet placement Information & Technology Corp Wintime Private 1,000,000,000 2018/07/30 3 years 7.50% MTN Energy Co Ltd Wintime Private 1,000,000,000 2018/07/30 3 years 7.50% MTN Energy Co Ltd Dalian Private 400,000,000 2018/07/30 3 years 7.00% MTN Machine Tools Group Corp CEFC Shanghai Private 2,000,000,000 2018/07/29 9 months 6.00% Super International short-term Group Ltd commercial paper Inner Private 800,000,000 2018/07/18 5 years 7.00% MTN Mongolia Berun Group Co Ltd China City SOE 1,800,000,000 2018/07/16 5 years 4.93% MTN Construction Holding Group Co Bright Oceans Private 326,000,000 2018/07/11 5 years 7.10% Exchange-t Corp raded corporate bond Wintime Private 1,500,000,000 2018/07/05 1 year 7.00% Short-term Energy Co Ltd commercial paper CEFC Shanghai Private 2,000,000,000 2018/06/25 9 months 5.97% Super International short-term Group Ltd commercial paper CEFC Shanghai Private 2,500,000,000 2018/06/21 3 years 7.88% MTN International + N Group Ltd Zhongrong Private 600,000,000 2018/06/13 3 years 7.50% Exchange-t Shuangchuang raded Beijing corporate Technology bond Group Co Ltd Sunshine Private 1,800,000,000 2018/06/02 5 years 6.80% Exchange-t Kaidi New raded Energy Group corporate Co Ltd bond CEFC Shanghai Private 2,000,000,000 2018/05/21 9 months 6.00% Super International short-term Group Ltd commercial paper Sichuan Coal SOE 500,000,000 2018/05/21 5 years 5.94% MTN Industry Group Co Ltd Fuguiniao Co Private 1,300,000,000 2018/05/08 5 years 6.50% Private Ltd placement Kaidi Private 657,000,000 2018/05/05 7 years 6.27% MTN Ecological and Environmental Technology Co Ltd China Private 91,350,000 2018/04/30 3 years 9.00% Private Security Co placement Ltd Shenwu Private 2,000,000,000 2018/04/28 3 years 4.60% Exchange-t Environmental raded Technology Co corporate Ltd bond Evergreen Private 540,000,000 2018/04/24 6 years 7.78% Exchange-t Holding Group raded corporate bond Fuguiniao Co Private 800,000,000 2018/04/23 5 years 6.30% Exchange-t Ltd raded corporate bond Bright Oceans Private 1,210,000,000 2018/04/21 5 years 7.10% Exchange-t Corp raded corporate bond Shenwu Private 450,000,000 2018/03/14 3 years 8.00% Private Environmental placement Technology Co Ltd Dandong Port Private 900,000,000 2018/03/13 5 years 5.67% MTN Group Co Ltd Dandong Port Private 1,000,000,000 2018/03/10 3 years 6.00% MTN Group Co Ltd Bright Oceans Private 755,000,000 2018/03/02 5 years 7.10% Exchange-t Corp raded corporate bond China City SOE 1,800,000,000 2018/03/01 5 years 3.97% MTN Construction Holding Group Co Dalian Private 500,000,000 2018/02/05 3 years 7.80% Private Machine Tools placement Group Corp Dandong Port Private 2,000,000,000 2018/01/27 5 years 5.50% Exchange-t Group Co Ltd raded corporate bond Bright Oceans Private 209,000,000 2018/01/27 4 years 7.10% Exchange-t Corp raded corporate bond Dalian Private 400,000,000 2018/01/14 3 years 7.00% MTN Machine Tools Group Corp Dandong Port Private 500,000,000 2018/01/13 3 years 7.60% Private Group Co Ltd placement Sichuan Coal SOE 500,000,000 2018/01/09 3 years 7.70% Private Industry placement Group Co Ltd ($1 = 6.8740 Chinese yuan) (Reporting by Andrew Galbraith and Steven Bian Editing by Eric Meijer and Darren Schuettler)
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