Biggest news in BB now is Country Garden officially defaulti...

Spinee wrote a post · Oct 25, 2023 05:04

Biggest news in BB now is Country Garden officially defaulting on USD bonds for the first time. Stock down 1.4% pretty much sums up how the market already anticipated this would happen. Next step: Restructuring. Can we please dispense with the drama?

$COUNTRY GARDEN(02007.HK)$ $CG SERVICES(06098.HK)$ $USD/CNY(USDCNY.FX)$ $CNH/USD(CNHUSD.FX)$ $CNY/USD(CNYUSD.FX)$ $HKEX(00388.HK)$ $EVERGRANDE(03333.HK)$

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Spinee

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