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Builders seeking additional financing resources

By Wu Yiyao in Shanghai | China Daily | Updated: 2017-12-19 07:28

Tighter lending rules are forcing mainland's developers to seek additional financing resources besides the usual sources of credit, analysts said.

Developers are increasingly raising funds by issuing bonds in overseas markets, and more firms are likely to raise funds by selling shares in their companies.

Tightening lending options for developers is one of the comprehensive measures that policymakers have taken to curb speculation in China's real estate market since the second half of 2016.

Builders seeking additional financing resources

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