Back with a bang: China’s property developers reopen bond market

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Back with a bang: China’s property developers reopen bond market

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Woman hand squeezes dollar bills against grey background. | Stepan Popov - stock.adobe.com

Chinese property companies are slowly returning to the dollar bond market, reopening issuance from the sector after a two-month hiatus. Although debt bankers are not predicting a big pick-up in deal flow from these high yield issuers, the lack of supply is giving some borrowers an edge over pricing. Morgan Davis reports.

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