China property bond spree continues

China property_Adobe_23July
By Morgan Davis
26 Jan 2021

Three Chinese property companies announced dollar bond transactions on Monday, continuing the run of issuance seen from the high yield market since the beginning of the year.

So far in 2021, Chinese real estate developers have raised $10.63bn from 29 public dollar bond trades, according to Dealogic. High yield bond issuance in Asia ex-Japan year-to-date is nearly $9bn.

Adding to that supply were three Chinese builders that are well known among investors, having ...

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