Chinese property developers hit by record rating downgrades
Downgrades come as Evergrande collapse fuels fears over health of China’s economy
Evergrande stock hits new lows as investors brace for possible default
Peer Kaisa suspends shares as it too struggles with debt payment
Evergrande braces for debt deadline after doubting ability to pay
Company says there is no guarantee it can make $82.5m debt payments due Monday
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