Lianjia: Lianjia Plans to Issue Private Bonds Worth USD925 Mln as Tight Regulation Squeezes Property Market Players

Beijing Lianjia Real Estate Agency Co., one of China’s well-known estate agencies, is applying for non-public issuance of corporate bonds worth CNY6 billion (USD925.8 million), shows information released by the Shanghai Stock Exchange yesterday. The move comes at a time when China’s regulatory tightening of the real estate market has started affecting market players.