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China developer's bond issue hints at broader woes
Published Wed, Nov 2, 2016 · 09:50 PM
Singapore
IN days of negative rates, it's hard to get excited about anything, even high-yield bonds from China. A small dollar debenture offering by a property developer, however, has generated some heated chatter in Hong Kong and Singapore.
Zhengzhou-based Central China Real Estate Ltd told investors on Monday that it was planning to sell about US$200 million of dollar securities at an indicated 6 per cent.
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