Source: China – South China Morning PostTrading restrictions were placed on nine onshore bonds sold by China Evergrande Group’s flagship property unit, after a local credit rating agency slashed the debts’ creditworthiness, deepening the woes for the world’s most indebted real estate developer.Three yuan-denominated bonds valued at 28.2 billion yuan (US$4.4 billion) issued by Evergrande’s Hengda Real Estate Group unit were restricted to negotiated transactions on the Shanghai Stock Exchange, according to a statement. On the stock…Read More