Kaisa bonds jump as China vows to put Shenzhen in elite 'forest'

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Kaisa bonds jump as China vows to put Shenzhen in elite 'forest'

Addison Gong
August 20, 2019 07:15 am
Shenzhen_2_230PX
abstract silhouette of the city with text Shenzhen at the vintage chinese flag background | luzitanija - Fotolia

The price of real estate developer Kaisa Group Holdings' dollar bonds climbed after China announced a detailed plan over the weekend to develop the company's hometown, Shenzhen.

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Topics

ChinaCorporate BondsHigh yieldAsiaGreater ChinaNortheast AsiaLoans and High YieldLevFin High Yield BondsAsia PacificLevFinEmerging Markets
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Addison Gong
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