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Chinese developers turning to onshore perpetual bonds

These hybrids allow them to side-step rules limiting their ability to take on billions of dollars of additional debt

[HONG KONG] Chinese property companies are quietly turning to onshore perpetual bonds to side-step rules limiting their ability to take on billions of dollars of additional debt.

The unusual hybrids show that China's capital-hungry developers are driving innovation in the country's

sentifi.com

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