Chinese developers are turning to overseas bond markets after a wave of aggressive land purchases pushed up prices, prompting a domestic credit clampdown. Photo: Reuters

Chinese home builders ‘hunger’ for offshore bond markets after land spending binge prompts government clampdown on credit

  • Mainland property firms have issued more debt in the first 10 days of July than in whole of June
  • More home builders are expected to head for the offshore bond market in coming months, taking advantage of a good window for high-yield corporate issuance, experts sayChinese developers’
Topic |   China property

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Chinese developers are turning to overseas bond markets after a wave of aggressive land purchases pushed up prices, prompting a domestic credit clampdown. Photo: Reuters
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