China Evergrande update: No news is good news? Investors on tenterhooks

While China Evergrande property development group honored its local debt repayment on Thursday, investors remain in limbo.

They have received no information on the indebted company’s offshore coupon payment of $83.5 million, which was due on Thursday.

Although there are talks of a potential restructuring of the company debt in an imminent deal, with the Chinese government looking to take over control of Evergrande, nothing is officially confirmed, thus far.

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