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Related News Daiwa: CN Developers Post Weaker Sales in May Financing Further Slackens The rest SOE Chinese homebuilders seesawed within a narrow range broadly. COUNTRY GARDEN (02007.HK) -0.100 (-5.348%) Short selling $94.82M Ratio 27.046% soared 3%, after its Malaysian subsidiary completed the principal and interest payment of COGARD5.4 due on Jon Monday (12th), with a size of MYR65 million (approximately USD14.098 million), and a coupon rate of 5.4%. Among the four major blue-chip Chinese property developers, the SOE CHINA RES LAND (01109.HK) +0.200 (+0.586%) Short selling $77.80M Ratio 23.959% inched down 0.5%. Given concern over offshore bond exposure, Chinese property developers traded mixed. Real estate companies such as SEAZEN and YUEXI have resumed overseas bond financing.
Some Chinese property developers are resuming overseas bond financing, according to institutional data.
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