Chinese property developers' bond sales surged before debt caps take effect, investment slowed

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

Onshore bonds issued by Chinese real estate developers have surged since September as homebuilders are lured by lower borrowing costs and as they rush to take advantage of the financing window before China's proposed debt caps take effects.

Chinese real estate developers have issued more than 100 billion yuan worth of onshore bonds since September, surging 48.6 per cent from the same period last year, according to the latest data from the Centaline Property.

Analysts say the strong bond issuance was partly driven by attractive borrowing costs amid loose liquidity. Compared to the . . .

Sign In or Subscribe To Get Full Access.

Everything you need about China markets is on THE WIRE - one timeline with up-to-the-minute updates throughout every trading day.

Follow China Market In The Most Efficient Way!

TRY US FOR FREE

We offer limited-time welcome discount to let more people experience the value of our exceptional services. Don't Miss Out - Grab it!