Friday, April 3, 2015

Cloud Live Tech warns it could default on 240 billion yuan of bond payments





Cloud Live Tech, a troubled mainland internet technology firm, is in danger of defaulting on 240 million yuan (HK$300 million) of interest and principal payments due to bond investors on Tuesday, the firm announced late on Thursday.









via South China Morning Post - Business feed http://ift.tt/1Ci49Pd

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