Residents walk near the Evergrande corporate name outside a residential complex in Beijing in September 2021 as the developer’s liquidity crisis infects market sentiment. Photo: EPA-EFE
Residents walk near the Evergrande corporate name outside a residential complex in Beijing in September 2021 as the developer’s liquidity crisis infects market sentiment. Photo: EPA-EFE

As Evergrande totters, cracks in stressed Chinese developers widen as rating outlook dims and borrowing costs jump

  • Spotlight is on Guangzhou R&F and Fantasia Holdings following a downgrade in their rating outlooks
  • A measure of offshore borrowing costs for junk-rated Chinese companies climbed above 15 per cent last week from 10 per cent in June: ICE data

Topic |   China Evergrande Group
Residents walk near the Evergrande corporate name outside a residential complex in Beijing in September 2021 as the developer’s liquidity crisis infects market sentiment. Photo: EPA-EFE
Residents walk near the Evergrande corporate name outside a residential complex in Beijing in September 2021 as the developer’s liquidity crisis infects market sentiment. Photo: EPA-EFE
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