Chinese property loans boom likely to lose its sheen

08 Jun 2010

China’s property companies will face a tougher time raising money in the loan market this year, as liquidity concerns and moves by the Chinese government to cool property speculation force loans bankers to the sidelines.

Chinese property developers have raised $2.6bn in the loan market so far this year, up from $102m in the same period last year, according to Dealogic.

Several loans from Chinese property borrowers have closed oversubscribed and increased this year, including a $400m loan from Shimao Property Holdings that ...

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