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Investors may have to wait a while longer to find out whether Evergrande will default on its enormous debts - it now has a grace period of up to 30 days on the first bond payment. A second payment of $47.5 million on another bond is due next week. Evergrande's stock plunged nearly 12% Friday in Hong Kong, reversing a recovery it staged the previous day on news that the company would pay interest on another bond issued in yuan […]
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