Evergrande’s mega US$6.6 billion dollar bond issue last week caught many investors off guard, forcing a sell-off during first day trade. Photo: Xiaomei Chen

China Evergrande’s US$6.6b bond rattles markets, prompts round of head-scratching

China Evergrande’s giant US$6.6b bond sale last week is seen by analysts as a cash raising exercise intended to cushion against credit tightening

Topic |   China property

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Evergrande’s mega US$6.6 billion dollar bond issue last week caught many investors off guard, forcing a sell-off during first day trade. Photo: Xiaomei Chen
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