Chinese developers' bonds come under pressure after Kaisa misses payment

Bonds of mainland developers will come under further downward pressure after Shenzhen-based Kaisa Group Holdings missed a deadline to pay a US$26 million bond coupon on its US$500 million bond issue, stoking investor worries about the creditworthiness of the companies, according to analysts.

via South China Morning Post - Business feed http://ift.tt/1y07lBO