A pedestrian walks past apartment buildings at the City Plaza development of the highly indebted China Evergrande Group in Beijing. Photo: Bloomberg
A pedestrian walks past apartment buildings at the City Plaza development of the highly indebted China Evergrande Group in Beijing. Photo: Bloomberg

Wealthy investors likely to shun high-yield bonds amid Evergrande debt crisis until second half of 2022, analysts say

  • Highly leveraged property developers – including China Evergrande, Kaisa and Fantasia – are facing severe liquidity crunch
  • High-net-worth customers have shifted to other investments such as yuan-denominated products and US stocks

Topic |   Banking & finance
A pedestrian walks past apartment buildings at the City Plaza development of the highly indebted China Evergrande Group in Beijing. Photo: Bloomberg
A pedestrian walks past apartment buildings at the City Plaza development of the highly indebted China Evergrande Group in Beijing. Photo: Bloomberg
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