Free Trial

Private Developers Likely To Get More Financing Support - Journal

CHINA PRESS
MNI (Singapore)

Some private property developers are expected to receive a second round of credit enhancement to support continued debt issuance, the China Securities Journal reported. Some non-leading private developers are working with China Bond Insurance Co Ltd, indicating that regulatory authorities are expanding the scope of financing support, the newspaper said citing Liu Shui, a research head at the China Index Academy. A peak in debt repayments is coming with the maturing of bonds issued by 200 core developers reaching CNY181.2 billion in Q4, among which overseas debt accounts for about CNY61.7 billion, the newspaper said citing data from China Real Estate Information Corporation.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.