China property oversupply? Not yet, say investors
Chinese property companies are coming to the dollar bond market en masse, and sold a record amount of deals last month. But despite the heavy supply, bankers are confident there is little risk of congestion — and investors still say they are still hungry for deals.
China SCE Property Holdings, Far East Consortium International and Lai Sun Development have added their names to a swelling pipeline of dollar bond issuance from the mainland property sector, and SCE was close to finalising the details of a $200m deal when this article was written.
But even after
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