Top mainland Chinese property developers are flocking to the offshore bond market to capitalise on a recovery in investors’ appetite. About 14 companies, including big guns Country Garden and Evergrande China, have already issued bonds worth US$8.6 billion this year, more than doubling the amount for January 2018, according to Chinese financial data provider Wind Information.
Country Garden, China’s top developer by sales, issued bonds worth US$1 billion in January, with maturity…
Source : South China Morning Post
Read more…Buoyed by easing, expected end to Fed rate hikes, China developers issue US.6 billion in offshore bonds
