The real estate sector was the top gainer on the HSI, but the overall index was still in negative territory, dragged by health-care and industrial stocks.
also surged, gaining 23% and 26% respectively, while the Hang Seng Mainland Property Index was up about 4%.
The gains come after Country Garden reportedly managed to pay $22.5 million in bond coupon payments on Tuesday, narrowing avoiding default. The bond payments were originally due in August, but Country Garden submitted the payments hours before a 30-day grace period expired.Get Southern California news, weather forecasts and entertainment stories to your inbox.
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Evergrande, Already $310 Billion in Debt, Told to Blow Up Chinese ResortThe embattled real estate developer was ordered to demolish a 39-building resort complex on Ocean Flower Island, an artificial archipelago off Danzhou.
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Body of missing climber found around Officers Gulch off Interstate 70A rescue group found the body of a missing 29-year-old climber in the area of Officers Gulch along Interstate 70 in Summit County over the weekend.
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Seattle weather: Mild week ahead with temps hovering around 70 degreesOnshore flow continues to keep us cool and below normal for this time of year. By Wednesday, high pressure builds and a new front will warm the region slightly into the low 70s.
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Tennis fans fed up with ‘feral’ drunks at US Open: ‘70% are just loaded’U.S. Open fans are causing a racket with expletive-laced brawls, drunken mayhem and complaints of weed wafting. Frances Tiafoe says “70% are just loaded.”
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History Untold: Bad memories linger of integrating Alamo Heights ISD nearly 70 years laterFormer students, including some of the first African Americans to attend Alamo Heights ISD, share their experiences after the Supreme Court ruled segregation unconstitutional.
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Sterling Highway closed in both directions near mile 70 due to collisionAlaska State Troopers have closed the Sterling Highway in both directions near mile 70.
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