SHANGHAI -- Chinese real estate companies more than tripled their issuances of yuan-denominated bonds in November compared with the previous month, new data shows, as authorities took a more forward role in tamping down public unrest over housing.
Real estate companies floated 35.6 billion yuan ($5.59 billion) worth of debt last month, according to data firm Wind, or 3.1 times the October value. The number of offerings was 2.9 times higher at 32.