Insight - Foreign hedge funds take another run at Kaisa in a changed China

By SHULI REN

Debt issue: A Kaisa City Plaza development advertisement in Shanghai. The firm was labelled a defaulter, along with China Evergrande Group, by Fitch Ratings last week. — Bloomberg

THEY meet again.

Hedge funds that profited from the debt restructuring of Kaisa Group Holdings in 2015 are back, circling the Shenzhen-based real estate developer that is once again trying to dig out from under a mountain of debt.

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Hedge funds , Kaisa Group , China , debt

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