The mainland unit of China Evergrande Group said it missed principal and interest payments totaling several billion yuan, adding further uncertainty to the fate of the giant developer at the center of the country’s property crisis. Hengda Real Estate Group failed to repay 4 billion yuan ($547 million) in principal plus interest due on Sept. 25, the company said in a Shenzhen stock exchange filing Monday. China Evergrande canceled key creditor meetings that had been set for this week and said it must reassess its proposed restructuring. The company faces an Oct. 30 hearing at a Hong Kong court on a winding-up ... (full story)