Hungarian intelligence agency interviewed CEO linked to exploding Hezbollah pagers
Son of Uganda's president ends 2026 election bid
Trump to visit North Carolina as scandal swirls around Republican ally
EU member Cyprus calls on Lebanon, Israel to show restraint in Middle East
Iran's Supreme Leader says Israel is committing 'shameless crimes' against children
US election uncertainty clouds UN climate finance progress
Seal marks her 50th birthday at a sanctuary. Sheba may be the oldest in captivity
SAIC Volkswagen says adjusting plant base "necessary"
Oktoberfest is open. The world’s largest folk festival begins after ceremonial keg-tapping
Low brow and vulgar? Micro dramas shake up China's film industry, aim for Hollywood
The Midwest could offer fall’s most electric foliage but leaf peepers elsewhere won’t miss out
LONDON (Reuters) - The dollar-denominated bonds of state-backed Chinese property giant China Vanke extended a run of sharp falls on Wednesday, as concerns continued to weigh about its fate amid an ongoing crisis of confidence in the sector.
Tradeweb data showed two of Vanke's main bonds due for repayment in late 2027 and 2029 down 2.9 cents and 3.7 cents to 44 cents and 40 cents, respectively.
That equates to an at least 60% discount to their face value and compares to the 72 cents and 66 cents they were respectively trading at in mid May.
(Reporting by Marc Jones; Editing by Amanda Cooper)
