HONG KONG—China Evergrande Group on Tuesday missed its third round of bond payments in three weeks, intensifying market fears over contagion involving other property developers as a wall of debt payment obligations come due in the near-term.
Some bondholders said they did not receive coupon payments totalling $148 million on Evergrande’s April 2022, April 2023, and April 2024 notes due by 0400 GMT on Tuesday, following two other payments it missed in September.