14 Feb Developer China South City stock sinks 20% in Hong Kong after warning of multiple bond defaults
Posted at 02:02h
in Asia
Chinese developer China South City Holdings plunged 20 per cent to a new 52-week low after it warned last week that it would default on multiple bonds maturing this year.The Shenzhen-based company tumbled to HK$0.169 at 9.50am local time in Hong Kong from HK$0.212...