Panda disaster: Country Garden bottles onshore bond comeback

Noah Sin

January 25, 2018 12:00 pm

china property px230 — Local residents look at the real estate models in Guicheng in Foshan city in south China's Guangdong province on Tuesday, Feb. 16, 2010. The housing price in Guangzhou rose more than 40 percent last year.(Photo By Li Huang/Color China Photo/AP Images) | Li Huang/ColorChinaPhoto/AP/Press Association Images

Chinese property developer Country Garden Holdings was forced to pull a Rmb1.8bn ($281.2m) three year Panda bond this week after investors demanded a better return amid rising volatility, writes Noah Sin.

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Noah Sin