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Chinese Conglomerate Huafa’s Bonds Plunge in Biggest Daily Drop

Bloomberg Markets26 October 2026, 08:35 UTCPeople's Republic of China

Zhuhai Huafa Group Co., one of China’s largest local government-owned conglomerates, is facing a record selloff in its offshore bonds, as the country’s prolonged property crisis raises credit risks.

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Shenzhen ComponentStock marketPeople's Republic of China26 October 2026, 08:29 UTC

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