Several property developers announced plans to issue debt, fuelling expectation for easing financing for the struggling sector
Several property developers announced plans to issue debt, fuelling expectation for easing financing for the struggling sector

Several property developers announced plans to issue debt, fuelling expectation for easing financing for the struggling sector

 

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Some Chinese property developers recently announced plans to issue debts, fuelling market expectations for easing financing amid a sector-wide cash crunch.

China Merchants Shekou Industrial Zone Holdings Co., Ltd, an industrial property developer, plans to issue 3 billion yuan of medium-term notes in the interbank market, including 1.5 billion yuan of 3-year notes and 1.5 billion yuan of 5-year notes and the proceeds will all be used to . . .

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