KAISA PROSPER Stock Forum

KAISAunveils repayment plan for wealth management products. KAISA says actively disposing of assets to collect funds to pay principal, due interest, and deferred interest of wealth management products. KAISAto pay 10% of due principal and interest in the month of maturity, and pay 10% every three months thereafter. For the deferred principal, deferred interest will be paid to the investor at the one-year benchmark commercial loan rate of 4.35%.
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Real estate stocks listed in mainland China and Hong Kong pick up after report that China to ease developer funding curbs in $152b ABS market; Evergrande rises 1.8%, Kaisa Prosperity up 7.3%, China Aoyuan up 1.3%.
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Kaisa Group, Kaisa Prosperity, Kaisa Health Group, Kaisa Capital Investment suspend trading in Hong Kong on Friday
Kaisa says has encountered unprecedented liquidity pressure and wealth management product guaranteed by it misses payments..  
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