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Chinese developers’ bond sales surge in January as maturities loom, more pressure to come

THE WIRE WITH UP-TO-THE-MINUTE UPDATES

Chinese real estate developers' bond issuance surged in January to as the maturity wall looms and analysts say more pressure will be seen next month.

Developers raised 109.97 billion yuan through debts in January, surging 922.4 per cent from a month earlier, according to data from the China Real Estate Information Corp (CRIC).

It included 107.53 billion yuan worth of offshore bond sales, the highest one-month amount on record . . .

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