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Chinese property developer Fantasia Holdings Group has failed to repay $205 million of debt due on Monday, adding to fears about the financial health of the country's massive real estate sector after the liquidity crisis at China Evergrande Group.
“Under the indenture governing the 2021 notes, all outstanding principal amount of the 2021 notes shall be due on 4 October 2021,” Fantasia said in a filing to Hong Kong’s stock exchange late . . .
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