Chinese developers seek funding alternatives
Many are raising funds offshore in the form of US dollar bonds or syndicated loans
Hong Kong
CHINESE property developers are on the hunt for onshore or offshore funding alternatives in anticipation of further government measures to rein in soaring house prices.
"We don't expect any policy loosening this year. The operating environment will become more challenging, especially for small players. Only those with financial strength can survive the downturn," said Derek Zen, an executive director at property developer Road King Infrastructure.
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