Property showrooms in Chinese cities are reopening after lockdown measures have eased, aiding a nascent recovery in home sales. Photo: Reuters.

Fund managers warming up to Chinese property bonds as market in Asia becomes the cheapest in a decade amid pandemic

  • Credit spreads are at levels last seen during the euro zone and US debt crisis in late 2011 even after some compression this month
  • Green shoots in housing market put some fund managers on alert for values in dollar-based Chinese property bonds
Topic |   China property
Property showrooms in Chinese cities are reopening after lockdown measures have eased, aiding a nascent recovery in home sales. Photo: Reuters.
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