Gelonghui, November 24, 丨 PP China-China US Bonds (3001.HK) rose 6% to HK$106.05. On November 23, the Central Bank and the Banking Insurance Regulatory Commission issued a notice on completing the current financial support for the stable and healthy development of the real estate market. The “Notice” mentions supporting high-quality real estate companies to issue bonds for financing. Promote professional credit promotion agencies to provide credit enhancement support for real estate corporate bond issuance that is generally financially healthy and faces short-term difficulties. Encourage issuers and holders of bonds to communicate in advance and make arrangements for payment of bonds. If it is indeed difficult to pay on time, reasonable arrangements such as extensions and replacements are made through negotiations to actively mitigate risks. Support bond issuers to repurchase bonds in domestic and foreign markets.
Chinatown dollar bonds refer to bonds denominated in US dollars mainly issued by China and Chinese real estate. The issuers of Chinatown dollar bonds mainly include most Chinese real estate companies that issue bonds overseas.