Shimao Bonds Rally on Regulator's Support: Evergrande Update.

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    • Abstract:
      China's financial regulator is coordinating negotiations between Shimao Group and some trust firms for loan extensions, according to people familiar with the matter. Keywords: 3333@HK; 813@HK; GIC@SP; ALLTOP; ASIA; BON; BUSINESS; CHINA; COS; FIN; GOV; HK; INDUSTRIES; MARKETS; REL; WORLD; WWTOP; WWTOPAS EN 3333@HK 813@HK GIC@SP ALLTOP ASIA BON BUSINESS CHINA COS FIN GOV HK INDUSTRIES MARKETS REL WORLD WWTOP WWTOPAS Shimao Group Holdings Ltd. bonds jumped amid signs that authorities are taking steps to prevent a cash crunch at the embattled developer. [Extracted from the article]
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