Mainland developer ends junk bond drought

Central China Real Estate sells Asia's first junk bond for a month as concerns around the near-collapse of Kaisa recede and as cash-rich investors put money back to work.

Cash-rich emerging market investors are ready to put money back to work in the high-yield space in the second quarter as Chinese property market concerns decline, fixed income experts say.

¬ Haymarket Media Limited. All rights reserved.

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