by bondevalue | Apr 13, 2021 | China
Bloomberg in a study of Chinese real estate developers’ three red-lines metrics saw that almost half of China’s 66 major property developers met all the requirements as of end-December 2020 . Of the three red lines, namely cash to short-term debt, net-debt to equity,...
by bondevalue | Mar 26, 2021 | China
Chinese real estate developers Country Garden, R&F Properties and Kaisa Group have reduced debt as per their latest results. Country Garden cut debt by CNY 43.1bn ($6.6bn) to CNY 326.5bn ($49.9bn) last year, according to its annual results. They reported a net...