Property News · December 18, 2016

Chinese developers likely to ride out tougher financing environment next year


Chinese developers are unlikely to face a funding crisis in 2017 even as financing conditions get tougher, according to industry experts.
The good old days of developers enjoying easy access to funding is over. The yield on US-dollar bonds is skyrocketing, while domestically the Shanghai Stock Exchange has suspended bond sales for property firms since October in a bid to cool the real estate bubble.
Nevertheless, home builders are unlikely to find themselves up against it in the next 12 months…

Source : South China Morning Post
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