China Bond Market Meltdown Brings World of Hidden Bills to Light

Bloomberg

Kaisa Bonds Jump on Plans to Sell $13 Billion of Projects

(Bloomberg) — Kaisa Group Holdings Ltd. plans to sell property assets valued at almost $13 billion to raise capital after the cash-strapped Chinese developer flagged liquidity stress and missed payments on investment products. Most Read from BloombergResults on Key Ballot Initiatives, From Policing to the EnvironmentChina’s Climate Goals Hinge on a $440 Billion Nuclear BuildoutSupply Chain Crisis Risks Taking the Global Economy Down With It‘Airbnb Queen’ Says She’s Caught Up in Platform’s New Y