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Chinese lender to issue bonds for M&A in cash-strapped property sector

Property developer shares rose on Tuesday after a Chinese lender unveiled a plan to issue debt to fund real estate acquisitions - the first bank to do so - while Beijing sought to reassure. | January 19, 2022

Hong kongClare jimShuyan wangRichard pullinJason xueJin xiandongSamuel shenA country garden holdingsShanghai pudong development bank coHang seng mainland properties indexReform commissionChina national developmentShimao groupMinmetals internationalNational enterprise credit information publicity systemChina evergrande group

Chinese lender to issue bonds for M&A in cash-strapped property sector

SHANGHAI (Reuters) - Property developer shares rose on Tuesday after a Chinese lender unveiled a plan to issue debt to fund real estate acquisitions -.

Hong kongClare jimShuyan wangRichard pullinJason xueJin xiandongSamuel shenA country garden holdingsShanghai pudong development bank coHang seng mainland properties indexReform commissionChina national developmentShimao groupMinmetals internationalNational enterprise credit information publicity systemChina evergrande group

Chinese lender to issue bonds for M&A in cash-strapped property sector

The funds would be used to finance real estate project acquisitions in the form of lending, it said.

Jin xiandongA country garden holdingsShanghai pudong development bank coHang seng mainland properties indexReform commissionChina national developmentShimao groupMinmetals internationalNational enterprise credit information publicity systemChina evergrande groupNational developmentEstate indexCountry garden holdingsDuration financeMinmetals international trust

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