WeChat bargain hunters seek profits in China property bond rout

WeChat bargain hunters seek profits in China property bond rout

2 years ago
Anonymous $FNmJglWnLu

https://www.reuters.com/article/china-property-debt-bonds/wechat-bargain-hunters-seek-profits-in-china-property-bond-rout-idUSKBN2HX13N

In late October, as a growing liquidity crisis across China's property sector walloped developers' bonds, a group of Chinese finance professionals got together on the messaging app WeChat to pool their funds and buy the unloved debt.