Chinese Property Debt Issuers Face ‘Evergrande Premium’ as Worries Mount

Workers walk inside the construction site of a project developed by China Evergrande Group in Beijing, China, on Sept. 22, 2021. Carlos Garcia Rawlins/Reuters

News Analysis

HONG KONG—As uncertainty looms over cash-strapped China Evergrande Group, seizing up China’s junk bond market, pressure is building on its peers to access fresh funding to repay notes worth nearly $300 billion due over the next two years.