Chinese trio hit Asian G3 market

Another busy day in the dollar bond market, with few signs of investor fatigue as three property developers successfully raise fresh debt funds.

Chinese companies remained busy on international bond markets on Friday, with three Hong Kong-listed property developers -- Emperor International, Powerlong Real Estate, and Jiayuan International Group -- each raising funds.

The dollar bond offerings came a day after five other mainland companies also completed debt sales, withdrawing more than $2.2 billion from the market ahead of next week's Asian holidays

Prior to Friday, 12 Asian insurance firms raised a total of $6.1 billion for the week ended September 8th, up 36% on the $4.5 billion raised in the prior week and the highest weekly level in two months, according to data compiler Dealogic.

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