Another Evergrande Bond Payment Due

Evergrande is facing another bond interest payment on Wednesday. There is no sign it has paid a separate one due last week. Bloomberg’s Rebecca Choong Wilkins reports on “Bloomberg Daybreak: Asia.” (Source: Bloomberg)

[shu-quinnliao]

China financing debt with debt, $300b in debt is very bad

[brunohart]

Two main reasons of losses in equity trading; stop loss, putting in more than 5% in one stock. first is the outcome of fear, second is the outcome of greed. we need to control both to become a successful trader.

[maxfastest]

The sheer amount of corruption is astounding !
If us peasants tried this shit, we'd be in prison until the world ended !

[swedesam]

According to all the talking head guests that came on Bloomberg since early last week, I sarcastically think everything will be fine and there is no systemic risk according to all of them.

[DialupDavid]

This is just one bad egg in the batch, imagine when the skirt gets lifted at how toxic the smaller, less agile property developers are. Me thinks this is one domino that's going to start a chain reaction.

[robinsk]

Sooner or later, you run out of other people's money. Then the game is over.

[jonathanbrotto]

Guess another drop in the price of Bitcoin.

[Rod-bpow]

Certainties are always there to/for people that realizes their goals, what is a WANT from their NEEDS.

[imeldomarcos]

Wah the bosses of evergrande should be detained and audited.

[ravev]

The more they delay, the bigger the problem grows and hovers over their heads.

[tedchyn]

The bond had defaulted long ago and they are in the hand of speculators who only paid 10c on a dollar and Junk bonds holder always expects a high percentage of junk bond will not be paid.

[latifolia]

'maybe, potentially, potentially Rebecca is such a cutie :) Nothing to see here.. fuss about nothing no information

[stormchasingirl]

So all of us sounding the alarm that the economy is in trouble are proving to be right.

[american]

Use Asians to report news updates from.. Asia? Brilliant!

[Littlepunk]

Is Evergrande a larger size coffee than grande?

[yr]

I'm only here so I could enjoy listening to Rebecca's voice.

[zoominthroughspace]

Did people really expect they would pay these debts lmao

[alex]

Is this y the maket its down?? Again, wtf....

[uphillwish]

No idea of what exact data point Rebecca is trying to make. Please, make the point or waste of time for audience.

[Mallorcaexplorer]

I suppose the saying, my word is my bond. As gone out the window.