China Property / Debt - when Kaisa broke our Trust
Kaisa failed to make an interest payment due Jan 8 on $500 million of 10.25% dollar bonds (the first Chinese property company to default on...
302 Views
Reasonable valuation and possible index inclusion make us positive on the deal despite debt concerns
We would take the deal.For Momentum/Liquidity Strategy investors the deal scores reasonably well on our Momentum-Adjusted IPO Framework, while for...
287 Views