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Chinese shopping mall developer Renhe has its credit rating cut to B with negative Creditwatch,...

Chinese shopping mall developer Renhe has its credit rating cut to B with negative Creditwatch, by S&P. "Property sales and liquidity could weaken significantly more than expected," says the agency. "Canary in a coal mine," asks the Bond Vigilantes, noting the firm's bonds are off 15% and stock down 35% this week.
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