Dollar bonds of several Chinese developers like Country Garden, CIFI, Longfor, Seazen and Gemdale rallied over 10% on Tuesday. Sources said that Chinese authorities told several developers that state-owned credit support provider China Bond Insurance Co. will provide...
Chinese developers’ dollar bonds have sold-off across the board led by Country Garden, China’s largest developer, with several of their notes falling significantly, by over 8%. Even investment grade (IG) rated industry peers such as Longfor, Sino-Ocean and Vanke...
