Agile Group Holdings’ bond prices were hit by market rumours on Friday. Photo: Imaginechina via AFP
Agile Group Holdings’ bond prices were hit by market rumours on Friday. Photo: Imaginechina via AFP

Panic-stricken investors drive down Chinese developer Agile’s bonds amid rumours about its ability to repay loans

  • Hong Kong-listed developer quickly moves to reassure investors that it has funds to service its debt, including off-balance sheet loans
  • Guangzhou-based developer sees prices of 11 US dollar denominated bonds slump

Agile Group Holdings’ bond prices were hit by market rumours on Friday. Photo: Imaginechina via AFP
Agile Group Holdings’ bond prices were hit by market rumours on Friday. Photo: Imaginechina via AFP
READ FULL ARTICLE