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Kaisa bonds up on news it will resume sales of blocked units

Thursday, January 28, 2016 - 05:50

Hong Kong

KAISA Group Holdings' bonds jumped the most in two months after the Chinese developer said it aims to resume sales of four projects in Shenzhen that courts have blocked it from selling. Its US$800 million 8.875 per cent notes due 2018 rose 1.4 cents to 66.1 cents on the dollar