Wintime is an obscure coal producer in the northwest province of Shanxi. Photo: ImaginechinaWintime is an obscure coal producer in the northwest province of Shanxi. Photo: Imaginechina
Wintime is an obscure coal producer in the northwest province of Shanxi. Photo: Imaginechina

Bond default by China’s best-performing stock this year sends shares slumping in Shanghai

  • Shares of Wintime Energy, which had surged 60 per cent this year until Friday, fell almost 10 per cent in trading on Wednesday after it said that it had defaulted on a bond payment
Topic |   China stock market: Latest news and updates
Wintime is an obscure coal producer in the northwest province of Shanxi. Photo: ImaginechinaWintime is an obscure coal producer in the northwest province of Shanxi. Photo: Imaginechina
Wintime is an obscure coal producer in the northwest province of Shanxi. Photo: Imaginechina
READ FULL ARTICLE