Offshore bonds issued by Chinese property developers plunged to $1.6b in August

About $3.7b are set to mature for the remainder of the year.

Offshore bond issuance by Chinese property developers dropped to $1.6b in August from $7.4b the previous month, Moody's Investor Service reported.

Also read: Offshore bonds issued by Chinese property developers plunged to $1.6b in August

According to Cedric Lai, Moody's vice president and senior analyst, only $3.7b of offshore bonds are set to mature for the rest of the year.

Offshore bond issuance by property developers from China is expected to decline due to lower refinancing needs, depleted quotas and new restrictions on offshore issuance.

National property sales value growth slowed to 8.0% in July, from 8.9% and 10.4% in June and May, respectively. This is attributed to the 1.3% decline in sales volume.

Lai said that it will continue to slow for the second half of the year in response to tight refinancing conditions.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia