Cash-hungry China property developers facing new normal: double-digit bond yields

, , Comments Off on Cash-hungry China property developers facing new normal: double-digit bond yields

HONG KONG, Nov 20 (Reuters) – Chinese property developer Times China Holdings sold a three-year bond in January at a yield of 6.25 percent. Now it is having to offer a yield of 11 percent on a two-yea…
( read original story …)