Property News · May 24, 2019

Flurry of China small developers listing debt on Hong Kong board, with offers of high yields


At least eight mainland developers have filed or plan to file for initial public offerings in Hong Kong – but in the debt market, where they hope to entice investors with high yield offerings.Most are small-cap property stocks, hardly the darlings of the equity market in Hong Kong. But their high-yield bond offerings – some at 9.1 per cent – can attract investors with high-risk appetite, according to interviews by the South China Morning Post with industry insiders and a review of historical…

Source : South China Morning Post
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