Chinese developers see sell-off in stocks and dollar bonds, yields skyrocket amid tight dollar liquidity
Chinese developers see sell-off in stocks and dollar bonds, yields skyrocket amid tight dollar liquidity

Chinese developers see sell-off in stocks and dollar bonds, yields skyrocket amid tight dollar liquidity

 

>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<

 

 

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.

 

Everything on The Wire.

We Cover China Market In Real-Time Mode. Follow Us To Stay Updated!

 

TRY FOR FREE. 

Subscribe Now! 

Easy Cancel Anytime

 

Not ready for full subscription?

Sign Up For Free Weekly China Market Highlights HERE!Â