S&P and Fitch downgraded #Kaisa, a China-based integrated pr...
S&P and Fitch downgraded #Kaisa, a China-based integrated property developer to CCC+, S&P says Kaisa's capital structures are unsustainable given the company's sizable near-term debt maturities, weakening liquidity, and inadequate free cash flow through 2022.
$KAISA GROUP(01638.HK$
Kaisa Group in Hong Kong plunges as much as 15% to a fresh record low. Kaisa's dollar bond due December 7 falls 8 cents to 50 cents.
Kaisa Group in Hong Kong plunges as much as 15% to a fresh record low. Kaisa's dollar bond due December 7 falls 8 cents to 50 cents.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Twitter@Sino_Market | Realtime Chinese market info provider.
9203Followers
4Following
8746Visitors
Follow