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China Evergrande Group

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European Open: Evergrande set to default on bond payment

Evergrande fell -14% overnight as investors suspected the property developer would struggle to repay an $82.5 million debt coupon today.

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Evergrande to get bumped from the Hang Seng

A quarterly review will see Evergrande removed from the Hang Seng China Enterprise Index (HSCE) on December 6th to make room for two new tech companies.

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