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$Chewy (CHWY.US)$ never disappointed me. nice 👍
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The poster child of China's property crisis China Evergrande Group was officially declared in default by credit rating agency S&P Global on Friday after the sprawling firm missed a bond payment earlier this month.
"We assess that China Evergrande Group and its offshore financing arm Tianji Holding Ltd. have failed to make coupon payments for their outstanding U.S.-dollar senior notes," S&P said in a statement.
S&P $S&P Global (SPGI.US)$ added that Evergrande had asked for the ratings to be withdrawn following the downgrades to 'selective default' a term ratings firms use to describe a missed payment on a bond, but not necessarily all its bonds.
"Evergrande, Tianji, or the trustee have made no announcement or any confirmation with us on the status of the coupon payments," S&P said. $China Evergrande (ADR) (EGRNY.US)$
Part of the content is taken from Yahoo.
"We assess that China Evergrande Group and its offshore financing arm Tianji Holding Ltd. have failed to make coupon payments for their outstanding U.S.-dollar senior notes," S&P said in a statement.
S&P $S&P Global (SPGI.US)$ added that Evergrande had asked for the ratings to be withdrawn following the downgrades to 'selective default' a term ratings firms use to describe a missed payment on a bond, but not necessarily all its bonds.
"Evergrande, Tianji, or the trustee have made no announcement or any confirmation with us on the status of the coupon payments," S&P said. $China Evergrande (ADR) (EGRNY.US)$
Part of the content is taken from Yahoo.
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ETFs managed by Cathie Wood's ArkInvestment Management sold 846,189 American depository receipts of Takeda Pharmaceutical Co..
ARK's buys:
$Signify Health (SGFY.US)$ $Teladoc Health (TDOC.US)$ $Discovery-A (DISCA.US)$ $Blade Air Mobility (BLDE.US)$
ARK's sells:
$Takeda Pharmaceutical (TAK.US)$ $Editas Medicine (EDIT.US)$
ARK's buys:
$Signify Health (SGFY.US)$ $Teladoc Health (TDOC.US)$ $Discovery-A (DISCA.US)$ $Blade Air Mobility (BLDE.US)$
ARK's sells:
$Takeda Pharmaceutical (TAK.US)$ $Editas Medicine (EDIT.US)$
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$BABA-W (09988.HK)$ go up more 😂😂😂
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