New World Development Company Limited (0017.HK)

Hong Kong Perpetual Bonds Slump in Sign of China Property Contagion

(Bloomberg) -- Perpetual dollar bonds sold by several Hong Kong-based companies have recently suffered their largest weekly declines in years, a sign of contagion from China’s property sector woes.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationPowell Signals Fed Will Raise Rates If Needed, Keep Them HighTesla Investors to Get $12,000 Each From Musk’s SEC DealTrump Returns to Musk’s X With Post of Georgia Mug ShotMore People Call in Sick on August 24