Chinese property developer Country Garden made payments on two dollar bonds within their grace periods on Tuesday, ending a month-long saga that had become the focal point of global investors’ concerns about China’s struggling property sector.The company’s Hong Kong-listed stock pulled back from a drop of almost 5 per cent to 3 per cent in late-morning trading, following local media reports that it had made the late coupon payments totalling $22.5mn on two $500mn international bonds.
中國房地產開發商碧桂園(Country Garden)週二在寬限期內支付了兩隻美元債券的利息,結束了長達一個月之久、且成爲全球投資者對中國房地產行業困境關注焦點的波折故事。
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