Fundraising by Chinese property developers via bond issuance hit a 10-year low in January despite policy easing by regulators that slightly lifted investor sentiment, a Moody’s analyst said on Tuesday

The Southeast Asian country aims for a 75% reduction in greenhouse gas emissions by 2030 under its commitment to the Paris Agreement

China is now the world’s third-largest green bond market after France and Germany, accounting for about $145 billion of green bonds outstanding

A Zhenro Sept 2024 exchange-traded bond slumped more than 25%, triggering a trading suspension, while onshore bonds issued by units of Logan, R&F, Shimao and Ronshine also fell

Local financial media Cailianshe said Zhenro had denied market speculation it had plans to restructure its dollar bonds

The Chinese developer, with more than $300 billion in liabilities, has been struggling to repay creditors, suppliers, and deliver homes

Central bank expects a large amount of cash to come back into the banking system, while a relatively big amount of treasury bonds will mature this week, replenishing liquidity

Third-quarter earnings figures contrasted with the previous year, which had benefited from high trading activity thanks to a massive injection of cash into capital markets by the Fed.

China's CSI 300 blue-chip share index falls to lowest in 16 months, other Asian stocks decline around 2%, as Fed indicates it may raise US interest rates in March

Evergrande's debt crisis has roiled other developers and global financial markets, contributing to a sharp slump in China's property market

Measures for connecting interbank and exchange bond markets are the latest move to unify China's fragmented $20 trillion bond markets

Domestic and global fund managers are eyeing a buy-up of dollar bonds issued by Chinese developers that were beaten down by Beijing's campaign to cut debt in the sector