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Developer Seazen joins Chinese rush back to dollar bond market

Issuers from mainland China, Hong Kong and Macau are storming back into the offshore dollar bond market this year, driving total issuance to its highest level since 2022. Among them is Seazen Group, a struggling developer that tested the waters a few months ago with a US$300 million bond offering – the first such sale by a major private-sector Chinese developer since 2023. Now it is looking for another bond deal. Once ranked among the country’s 10 biggest builders by contracted sales, Seazen...


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