[Contagion] Scenery Journey, an Evergrande subsidiary, has failed to make payments of ~$82M. Adding another developer in trouble: Sino Ocean Group.

(Bloomberg) — Investor concerns over China Evergrande Group’s debt are shifting to the country’s stronger property companies as a selloff across the industry’s dollar bonds hits higher-quality borrowers. The fear of contagion comes as holders of dollar notes sold by …

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