HONG KONG -- Bonds of China's largest distressed debt manager rebounded Monday, after the company repaid a local bond on time over the weekend and looked to set meet the payment deadline on a Hong Kong-listed bond next week.
China debt crunch
China's Huarong eases debt fears with bond payments
Prices of outstanding issues rebound after regulator offers reassurance
Huarong has arranged funds to pay back a SG$600 million bond due April 27, two people told Nikkei Asia. © Reuters
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