Shimao Property Holdings Ltd (SHMAY.PK)
12 Sep 2018
HONG KONG China Evergrande Group's $1.8 billion bond sale this week has sent a chill through Asia's dollar bond markets, with the dizzying coupons offered by the property developer casting doubts on fundraising plans of rivals.
* Asia HY market trades down after Evergrande's high-coupon bonds
HONG KONG, July 26 China's major property developers will report their first-half earnings next month, with some facing a sharp spike in interest costs and big foreign currency losses on overseas borrowing, and the hit could be harder in the second half.