Chinese property developers’ bond issuance jumped 186% in November from previous month, offshore bond sales hit lowest this year
Chinese property developers’ bond issuance jumped 186% in November from previous month, offshore bond sales hit lowest this year

Chinese property developers’ bond issuance jumped 186% in November from previous month, offshore bond sales hit lowest this year

Chinese property developers' bond issuance picked up significantly in November after authorities repeatedly urged financial institutions to improve financing environment for the cash-strapped real estate sector.

Property developers issued a total of 37.1 billion yuan of corporate bonds in November, surging 186% from the 13 billion yuan in October, according to data from the China Index Academy, one of the largest real estate research firms in the country.

Sign In or Subscribe To Get Full Access.

 

Don't let random information shape your understanding of China market. You need a timeline dedicated to the huge market.

To subscribe, buy us a cup of coffee every week!

 

Start for free

Don't worry! Cancel before the free trial ends and you won't be charged.

 

 

How do we work?

From 8 am to 10 pm every trading day, we closely monitor news and views that have potential to move the markets in mainland China and Hong Kong and have the value to help you understand the economy and the markets. We post the real-time information on the member-only Wire Service, with details and data you don't see elsewhere!

During the weekend, we summarize the most important stories in a newsletter sent directly to your inbox so that you can get a big picture of what happened in China markets in the week.