China developer Kaisa says fails to repay $51 mln loan, may default on others

HONG KONG, Jan 2 (Reuters) - Chinese property developer Kaisa Group Holdings said it had failed to repay a HK$400 million ($51.3 million) loan and warned it may default on more debt, the latest...

from Reuters: Financial Services and Real Estate http://ift.tt/1K5gUUM