Evergrande Misses Bond Payment Due Date; Scrambles to Reduce Debt
The Chinese real estate developer is offloading a 20% stake in Shengjing Bank, to raise $1.5 billion of the $305 billion Evergrande owes creditors.
SHENZHEN, CHINA – AUGUST 08, 2019: China Evergrande Group icon on office building wall; Source: Shutterstock
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THORChain launched Savers Vaults, a yield-generating earn product that distributes a portion of protocol revenue to its depositors.
by Dan Smith
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