Kaisa Group Holdings Ltd. (1638) can’t repay a 2.5 billion yuan ($402 million) trust due tomorrow and the product will be transfered to a third party so investors can get their money back, two people familiar with the matter said.
Ping An Trust Co. established the two-tranche trust product on behalf of Kaisa in April last year, the people said, asking not to be identified because the details are private. The money on the largest portion comes due Jan. 21 and an as yet undisclosed third party will take it over so investors can be repaid their principal plus interest, the people said.
中国广东暴雨持续 深圳发暴雨“红色警报”
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中国南部人口密度高、经济发达的珠江三角洲地区因连日持续的创纪录降雨,使当地一些城市遭受洪灾。 路透社报道说,自 […]...
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