HomeMarkets Markets Western hedge funds that saw a killing in billions of Evergrande bonds stunned when government handed out 99% haircut instead, sources say By Ilene February 9, 2024 0 315 FacebookTwitterPinterestWhatsApp From afar, China Evergrande Group had all the makings of a killer distressed-debt trade: $19 billion in defaulted offshore bonds; $242 billion in …This post was originally published on this site Share FacebookTwitterPinterestWhatsApp Subscribe Login Notify of new follow-up comments new replies to my comments Please login to comment 0 Comments Inline Feedbacks View all comments Stay Connected148,748FansLike396,312FollowersFollow2,700SubscribersSubscribe Latest Articles Markets The Mark of the Machine Market News The End of NATO Market News Amazon’s $8.3 billion Prime Day sends Wall Street a warning Energy U.S. launches strikes against Iran following attack on ship in Strait of Hormuz Market News The Meltdown Markets Why Is the Supreme Court Unshackling the Presidency? Top Trades PhilStockWorld Top Trade Alert – June 26th, 2026 – Apple (AAPL) Markets Inflationary Friday — Memory Bottlenecks Hit Consumer Electronics and Hyperscalers AI And here we are again…at the end of the world. With Peter Zeihan AI Ian Bremmer: America, Iran, and a World in Turmoil AI Weekly Webinar: Tech Valuations and Hedging for Disaster (6/24/2026) Climate War‑induced fertilizer shortage may be reducing US soil and water pollution Markets Thursday Thrust – Micron (MU) Boosts the Nasdaq (again) Markets The Last Speed Bump: Fear and Loathing at the Signing Table Load more