Exchange: Hong Kong opens at -0.10%, Evergrande at + 0.43%


BEIJING, 10 NOV – The Hong Kong stock exchange opens the session with a slight decline, in the wake of the decline in Wall Street and the expectations on the developments of the Evergrande case (+ 0.43%), grappling with the new maturities of coupons on bonds offshore: the Hang Seng index lost 0.10% in the early stages, at 24,787.44 points. Evergrande, in particular, faces the biggest payout test since signs of a liquidity crisis emerged five months ago. Investors are waiting to see if China’s second, debt-ridden 305 billion real estate developer will be able to honor coupons totaling $ 148.1 million on three offshore bonds before the end of the 30-day grace period that expires today. . (HANDLE).

(HANDLE)




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