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<CN Home>Struggling Developers Complete Debt Restructuring Totaling ~RMB1.2T; Repayment Pressure Light in Short Term: CIA
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As of now, debt restructuring and reorganization for 21 troubled developers have been approved and completed in China, with a debt restructuring scale totaling around RMB1.2 trillion, according to statistical data released by the China Index Academy (CIA). The CIA added that these developers have total interest-bearing liabilities close to RMB2 trillion with low short-term repayment pressure. They have entered a safe period. AAStocks Financial News |
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