Kaisa Yet to Make Bond Payments After Grace Period Ends

The video discusses the current state of the property sector and bond market, highlighting government interventions and the challenges faced by developers like Kaiser and Evergrande. Despite pressures, Citigroup remains optimistic about China's junk bond market in 2022. The sustainability of recent market gains is questioned, with concerns about defaults and the offshore market's reopening.

How has the performance of Shimao been described in the context of the market?

What challenges are developers currently facing in the property sector?

What is the significance of Kaiser being declared a defaulter?

What are the implications of the lawsuits against China Evergrande?

What factors could influence the reopening of the offshore bond market for developers?