Press "Enter" to skip to content

Chinese property developers rush to raise funds in “the best financing environment” in a year

CHECK THE WIRE FOR REAL-TIME NEWS UPDATES

Chinese mainland property developers are having a massive wave of fundraising to capitalise on "the best financing environment" in more than a year with borrowing cost declining significantly amid looseer liquidity condition. Most developers are able to borrow at single-digit coupon, even lower than 4 per cent in some cases.

Since the start of March, mainland developers, both large- and small-sized, have rushed to raise funds from issuance of short-term bills and corporate bonds, private placement, rights . . .

To continue reading, please subscribe. You will get

  • Original and in-depth reporting on China's economy and financial markets 
  • Details, data and perspectives you don't read elsewhere
  • THE WIRE - a Real-Time News platform that delivers everything important about China's economy, companies, stocks, bonds, commodities and the yuan.
  • Daily Brief newsletters to get you prepared for every trading day

 

FREE TRIAL cancel any time

We highly value independence. We are solely funded by subscriptions from thousands of readers like you.  

Already have an account? Sign In

 

Top