Wuhan Real Estate grabs $430m as LGFV recovery gathers pace

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Wuhan Real Estate grabs $430m as LGFV recovery gathers pace

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Businessman hand grabbing money, US dollar (USD) bills | kritchanut - Fotolia

Chinese local government financing vehicle (LGFV) Wuhan Real Estate Development & Investment Group found enough support to print a $430m bond on Thursday, only the second issuance from the sector in months.

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