Everyone set for another week of China Evergrande news? Expected default imminent.

Strap in for another week of dire news of China's property development sector.

As background, ICYMI, the firm has missed payments on a number of coupons and bonds it has guaranteed.

Reuters report on expectations of default on offshore bond payment obligations imminently from investment bank Moelis & Co, which has been selected as an advisor by a group of the developer's bondholders.