Investment is not a sign of faith, but an attempt to find out what is happening with restructuring
Fitch has become the first credit agency to call the default, after failures to pay bondholders
Chinese developer is being forced into fire sales after failing to restructure debt
The Chinese developer has failed to extend the maturity of $400m bond due in six days
Kaisa said it needs more time to raise cash from selling assets
The developer’s shares have been suspended after missed payments and liquidity fears