Concerns increased when Kaisa – a large real estate company in China ceased operations
Key pointsn+Chinese real estate developer Kaisa and three of its subsidiaries suspended trading in their shares on November 6.n+On November 5, Kaisa said that its financing unit had missed a payment for a wealth management product, amid growing liquidity concerns.n+According to Natixis, among Chinese developers, the company Kaisa is ranked second only to Evergrande in issuing high-yield bonds abroad
