Chinese Developer Woos U.S. Investors With 12% Yields

Australia News News

Chinese Developer Woos U.S. Investors With 12% Yields
Australia Latest News,Australia Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Heavily indebted Kaisa has to pay up amid slowing economy, trade tensions and Hong Kong protests—and after a 2015 default

U.S. investors bought close to a fifth of the junk bonds sold this week by one of China’s most heavily indebted property developers, which lured them with one of the highest yields on new dollar debt issued globally this year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Treasury yields move lower as investors await economic dataTreasury yields move lower as investors await economic dataU.S. government debt prices were higher Wednesday morning as investors awaited fresh economic data.
Read more »

Huawei's revenue rises 24.4% in first three quarters of 2019Huawei's revenue rises 24.4% in first three quarters of 2019Huawei Technologies Co Ltd, the Chinese technology giant blacklisted by the U.S....
Read more »

U.S. shipping sanctions deal European refiners an unexpected boostU.S. shipping sanctions deal European refiners an unexpected boostU.S. sanctions imposed last month on subsidiaries of vast Chinese shipping fleet...
Read more »

U.S., Chinese teams working on Phase 1 trade deal text: MnuchinU.S., Chinese teams working on Phase 1 trade deal text: MnuchinU.S. and Chinese trade negotiators are working on nailing down a Phase 1 trade d...
Read more »

Uncertainty Clouds China’s Commitment to U.S. Farm PurchasesUncertainty Clouds China’s Commitment to U.S. Farm PurchasesDespite a Chinese promise to buy more U.S. farm products, questions remain over how much, the time frame for purchases, and what the U.S. might have to give in return.
Read more »



Render Time: 2025-03-24 09:57:00