Property News · September 21, 2022

Chinese developers’ bonds indirectly backed by Beijing are unlikely to resolve property sector’s liquidity crisis, analysts say


Bonds by Excellence Group and China SCE Property, which come with “unconditional, irrevocable joint-liability guarantees” from China Bond Issuance, may not solve home builders’ lack of access to funding, analysts said.

Source : South China Morning Post
Read more…Chinese developers’ bonds indirectly backed by Beijing are unlikely to resolve property sector’s liquidity crisis, analysts say