China Aoyuan opens door to riskier Chinese property credits

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China Aoyuan opens door to riskier Chinese property credits

Narae Kim
May 19, 2015 10:30 AM
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Visitors look at house models during the 37th Chengdu real estate fair in Chengdu in southwest China's Sichuan province on Friday, April, 29, 2011. China is studying ways to control developers profits to keep home prices at a reasonable level, according to the National Development and Reform Commission.(Photo By Evens Lee/Color China Photo/AP Images) | Evens Lee/ColorChinaPhoto/AP/Press Association Images

China Aoyuan Property Group priced a $250m bond this week, proving that sentiment has improved to the point where the market is ready to embrace lower rated property developers from China.

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