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21.11 - 15:05
20.11 - 19:15
Chinese Property Bonds Set Record Lows as Investors Lose Faith
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HONG KONG—The bottom has fallen out of the market for bonds from Chinese property developers.
The dollar bond prices of real-estate companies in China have plummeted to new lows, with some trading below 10 cents on the dollar. That reflects a loss of investor confidence in the sector, following a series of bond defaults that have shortchanged international investors, and a unrelenting downturn in the country’s property market.
Read more on wsj.comAbout this in other media
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