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Chinese property developers significantly more offshore dollar bonds in July, as the debt-laden sector seized a window of robust investor demand ahead of increasing market uncertainty to raise capital.
According to data from the Centaline Property Agency, Chinese developers' dollar bond sales surged in the first quarter, but slipped to nearly zero in April and May. Homebuilders resumed dollar bond issuance in June, selling $6.33 billion dollar bonds in the offshore market.
The trend continued into July when they issued combined $7.34 worth of dollar bonds, showed the data. In the first . . .
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