Chinese state-owned miner Yongcheng misses bond payments again

Central government convenes weekend meeting to call for stability

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- Yongcheng Coal and Electricity Holding Group, a state-owned miner in Henan Province, failed to repay the principal and the interest due Monday on two closely watched bonds, in the latest sign of trouble in China's fixed-income market.

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