China copper smelter Dongying Fangyuan misses bond payment

A regulatory filing has shown that Dongying Fangyuan missed the payment of a bond that reached its maturity eight months ago.

The biggest private copper smelter in China said on July 6 that it is still in the process of repaying the principal payment and the interest for its bond named '16 Fangyuan 01', which is numbered 136807, according to its filing to the Shanghai Stock Exchange (SSE).

The bond payment, issued...


Julian Luk

July 07, 2020

15:10 GMT