Evergrande has defaulted, some say

This story was first published on FinanceAsia. Has China Evergrande Group, the world’s most indebted property developer, defaulted? Members of German market information provider, DMSA Deutsche Markt Screening Agentur, say the Chinese firm has. Meanwhile, reports by several other media outlets, including Bloomberg and the Wall Street Journal, suggest that the company has so far managed to avert bankruptcy. They detail that some bond holders received payment on November 10, while …