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[Contagion] Fitch Withdrew from Fantasia on Nov 1, 2021….

November 29, 2021 10:34 am

by laflammaster However, data from known developer firms in trouble, shows that Fantasia’s bond debt was only 3.1% ($1.82B) vs Country Garden (19%), Evergrande (16%), and Sunac and Kaisa (both 13%). Fantasia is just a drop in a bucket, a …

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Chinese property developer Fantasia defaults. Contagion cross default is happening.

October 6, 2021 10:15 am

China property sector default woes deepen Worries about rising debt defaults by Chinese property developers sapped investor sentiment on Tuesday amid fresh credit rating downgrades and uncertainty about the fate of China Evergrande Group as it scrambles to raise cash …

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