The NDRC appears to have allowed far fewer developers to issue offshore bonds since April. Photo: Reuters

Confusing bond sale rules are giving Chinese developers a ‘headache’

Homebuilders say they are baffled by the ‘arbitrary’ way the regulator is deciding which offshore bond sale applications to approve

Topic |   Bonds

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The NDRC appears to have allowed far fewer developers to issue offshore bonds since April. Photo: Reuters
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Summer Zhen

Summer Zhen

Summer Zhen is a business reporter covering the property markets in mainland China and Hong Kong as well as cross-border investments and the financial markets. Born in Shanghai, she holds a master's degree in Journalism from the University of Hong Kong and is a graduate of Waseda University in Japan. She has also studied in the US. A winner in the "Best Young Reporter" category at the 2014 Hong Kong News Awards, Summer previously worked for Phoenix TV and Ming Pao.