Modern Avenue Group Stock Forum

$China Evergrande (ADR) (EGRNY.US)$ debt crisis also weighed on investor sentiment after Reuters reported that some of the property developer’s offshore bondholders didn't receive interest payments by a Monday deadline.In addition, Evergrande’s rivals, Modern Land (China) Co $Modern Avenue Group (002656.SZ)$ . and Sinic Holdings $SINIC HOLDINGS (02103.HK)$ are attempting to delay bond payment deadlines, as per the report.Meanwhile, Bloomberg reported that China will commence an inspection of the country’s financial regulators, state-run banks and insurers as part of efforts to tackle corruption.