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Stressed China Builders Face $2 Billion Bond Bill This Month

Evergrande crisis highlights funding risks for developers

China halts approvals of residential real-estate funds

China halts approvals of residential real-estate funds
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China s Haitong to Ramp Up Asia Deals as Competition Stiffens

Ina Zhou, Bloomberg News Hong Kong one-hundred dollar banknotes and a U.S. one-hundred dollar banknote are arranged for a photograph in Hong Kong, China, on Monday, April 15, 2019. The Hong Kong dollar s one-month historical volatility climbed to the highest since early February as traders were whiplashed by the currency s price swings amid declining liquidity. With the city s de facto central bank having spent $2.8 billion in March to defend the peg to the U.S. dollar, Hong Kong’s aggregate balance has dropped and interbank rates have soared. Photographer: Paul Yeung/Bloomberg , Bloomberg (Bloomberg) A top arranger for Chinese junk dollar bonds is looking elsewhere for growth opportunities, as rising competition reduces fees and heightened regulatory scrutiny weighs on the nation’s borrowers.

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