Macro Finance
Chinese Conglomerate Huafa’s Bonds Plunge in Biggest Daily Drop
Bloomberg Markets·October 26, 2026·1 min read
Zhuhai Huafa Group Co., one of China's largest local government-owned conglomerates, is facing a record selloff in its offshore bonds as the country's prolonged property crisis raises credit risks. The plunge marks the biggest daily drop for the company's bonds, reflecting investor concerns over its financial stability.
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