businessOct 9, 20219:53pending
Another Evergrande? Fantasia Holdings Defaults!
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Send us a textOn the heels of Evergrande’s debt crisis, there are increasing signs of stress in China’s real estate market after Fantasia Holdings failed to make a bond payment.Fantasia Holdings, a Chinese developer of luxury apartments missed $315 million in payments to lenders on Monday, sparking fears that financial strains in the country's outsized property sector are spreading beyond the troubled Evergrande conglomerate.Fantasia Holdings, a Shenzhen-based developer, missed repaying $206 ...
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