Â
>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<
Â
Â
Chinese real estate developers see a sell-off in their stocks and dollar bonds, with their yields skyrocketing amid tight dollar liquidity.
On Thursday, developers' stocks tumbled in both mainland and Hong Kong. In the mainland market, a gauge tracking the sector compiled by the Shenwan Hongyuan Securities fell 2 per cent, one of the worst performers on the day. China Vanke fell 4 per cent to close at the lowest level since January 2019.
China Evergrande closed 7.7 per cent down in Hong Kong on Thursday, plummeting more than 16 per cent intraday . . .
Sign In or Subscribe To Get Full Access.
Unlock exclusive content tailored to the complexity of the Chinese market.
From regulatory updates and economic indicators to market trends and company spotlights, we've got you covered.
Grab Our Welcome Offer!
Sign Up For Free Weekly China Market Highlights HERE!Â