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China’s real estate developers are scrambling to raise funds through bond issuance as the sector plans ahead and step up financing to avoid policy risks.
In the first seven days of 2021, a total of 13 listed property developers announced plans to issue bonds worth a combined $5.6 billion, most of which will be sold in the offshore market, according to information disclosed by the companies.
Separately, data from the Centaline Property showed that Chinese property developers raised more than $4.5 billion in US dollar debt in the first six days of . . .
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