The Latest

China’s Zhenro Properties shares, bonds plunge

This advertisement has not loaded yet, but your article continues below. Author of the article: Article content SHANGHAI — Shares and bonds of Chinese developer Zhenro Properties fell heavily on Friday before one of the company’s yuan bonds was temporarily suspended from trading. Its Hong Kong-listed shares were down 66% as of 0647 GMT, while…
byAva Gardner
February 12, 2022
1 minute read
No comments
China’s Zhenro Properties shares, bonds plunge
Total
0
Shares
0
0
0

Author of the article:

Article content

SHANGHAI — Shares and bonds of Chinese developer Zhenro Properties fell heavily on Friday before one of the company’s yuan bonds was temporarily suspended from trading.

Its Hong Kong-listed shares were down 66% as of 0647 GMT, while the price of the 2024 yuan bond had dropped over 20%.

Zhenro did not immediately respond to a Reuters request for comment.

Local financial media Cailianshe said Zhenro had denied market speculation it had plans to restructure its dollar bonds, saying it would redeem its $200 million perpetual bond as planned. (Reporting by Jason Xue and Clare Jim; Editing by Himani Sarkar and Neil Fullick)

Article content

Financial Post Top Stories

Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.

By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300

Read More

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Author
Ava Gardner
Leave a Reply

Your email address will not be published.

Related Posts
Brazil’s Bolsonaro urges Petrobras not to hike fuel prices, calls its profits margins a ‘rape’
Read More
1 minute read

Brazil’s Bolsonaro urges Petrobras not to hike fuel prices, calls its profits margins a ‘rape’

Author of the article: SAO PAULO — Brazilian President Jair Bolsonaro on Thursday urged state-run oil company Petrobras not to raise local fuel prices again, and compared the company’s profit margins to a “rape” of the country. The far-right leader said during a weekly livestream on social media that a new fuel price hike by…
byAva Gardner
May 6, 2022
No comments
Zenith Epigenetics Announces Dosing of First Cancer Patient with a Combination of ZEN-3694 + Bristol Myers Squibb’s Immune Checkpoint Inhibitor OPDIVO
Read More
4 minute read

Zenith Epigenetics Announces Dosing of First Cancer Patient with a Combination of ZEN-3694 + Bristol Myers Squibb’s Immune Checkpoint Inhibitor OPDIVO

National Cancer Institute Sponsored Phase 1/1b clinical study to test combination of epigenetic and immune-oncology therapies in solid tumors and ovarian cancer Author of the article: CALGARY, Alberta, Feb. 22, 2022 (GLOBE NEWSWIRE) — Zenith Epigenetics Ltd. (“Zenith” or the “Company”) announced today the dosing of a first patient with a combination of ZEN-3694 (BET…
byAva Gardner
February 22, 2022
No comments
Copper slips as Omicron spreads and China slows
Read More
2 minute read

Copper slips as Omicron spreads and China slows

Author of the article: LONDON — Copper prices edged lower on Thursday as fears over the spread of the Omicron coronavirus variant and slowing economic growth in China weakened the outlook for demand. Global stock markets fell after the United States and France reported their first Omicron cases and countries around the world tightened travel…
byAva Gardner
December 2, 2021
No comments
Belgian-backed group plans LNG terminal in northern Germany -Handelsblatt
Read More
2 minute read

Belgian-backed group plans LNG terminal in northern Germany -Handelsblatt

Author of the article: BERLIN — Hydrogen company Tree Energy Solutions (TES), backed by Belgian investor group AtlasInvest, said on Wednesday it would build an LNG terminal in the German North Sea port town of Wilhelmshaven, business newspaper Handelsblatt reported on Wednesday. The terminal is down to receive investments of 25 billion euros by 2045…
byAva Gardner
March 2, 2022
No comments