Cracks appear in Shimao's dollar bond outing

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Cracks appear in Shimao's dollar bond outing

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Apartment blocks in Hong Kong, China, East Asia. | mstyslav-chernov.com

Turbulence in China’s equities and bond markets forced Shimao Property Holdings to cull one portion of a dual-tranche dollar bond deal this week as investors shied away from the longer tenor.

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