Chinese property developers have been accelerating onshore bond issuance to take advantage of the looser liquidity after the authority eased monetary policy to shore up the virus-ravaged economy. Homebuilders also stepped up land acquisitions amid expectation of stabilisation of the housing market and as local government increased land supplies.
According to data from the Centaline Property Agency, Chinese developers had issued a total of 307.6 billion yuan bonds in the onshore market this year as . . .
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