Caixin
Caixin Global – Latest China News & Headlines

Home >

TRENDING
Wuhan Virus Update: Health Expert Warns of ‘Super-Spreader’ of Viral Pneumonia
Wuhan Suspends Public Transit System Amid Virus Fears
Huawei Again Tops China’s Software Industry, Which MIIT Says Is Still Frail
LATEST
WHO Declines to Declare Chinese Virus a Global Health Emergency
Chinese Airlines Told to Provide Free Cancellations on Domestic Flights
China Aims to Halve New Solar Plant Subsidy Budget for in 2020
Scientists Dispute Whether Snakes Are Source of Wuhan Coronavirus In Humans
Chinese Company Buys UK Steel Trading Company Stemcor
ByteDance Is Seeking a New CEO for Its TikTok Business
China Issues Biosafety Certificates to Domestic GM Soybean, Corn Varieties
Rail Transport of Coal Grows at Slower Pace
E-Commerce Sites to Block Price Gouging on Health Products in Virus Outbreak
Wuhan Suspends Public Transit System Amid Virus Fears
Chinese Internet Companies to Give Away Nearly 15 Billion Yuan in New Year Red Envelopes
Huawei CEO Dismisses Impact of More U.S. Sanctions
Huawei Again Tops China’s Software Industry, Which MIIT Says Is Still Frail
Wuhan Virus Update: Health Expert Warns of ‘Super-Spreader’ of Viral Pneumonia
Airlines Stocks Plunge as Viral Pneumonia Outbreak Spreads
Wuhan Virus Update: China Confirms Human-to-Human Transmission
Meng Wanzhou’s Extradition Case Hearing Opens First Day
Embattled Leshi Edges Closer to Delisting With Widening Annual Loss
Meituan Co-Founder Wang Huiwen to Retire at Year End
Tesla Switches to Baidu for In-Car Map Services

By Peng Qinqin and Zhao Runhua / Feb 27, 2019 04:31 PM / Finance

Photo: VCG

Photo: VCG

Qinghai Provincial Investment Group has put into a Bank of New York Mellon account the $10.88 million interest payment it owes for $300 million of offshore U.S. dollar-denominated bonds, the state-owned company told Caixin.

The company said overseas investors will soon receive the payment, which had been delayed in the first default of its kind in more than 20 years.

The enterprise in the interior Qinghai province had also made late payment on a domestic note due Monday.

Related: China Logs First Dollar-Bond Default by Major State Firm in Two Decades


Share this article
Open WeChat and scan the QR code