Monday, December 26, 2016

UPDATE 1-China bank calls documents "fake" after bond default on Alibaba-linked platform

BEIJING, Dec 26 (Reuters) - The fate of a defaulted $45

million Chinese corporate bond sold through an Alibaba-backed

online wealth management platform was thrown into doubt on

Monday, after a bank said letters of guarantee for the bonds

were counterfeit.

Read more

No comments:

Post a Comment