Business

Evergrande Vows to Resume Projects to Allay Boycott Concerns

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Developers like Country Garden Real Estate Group Co., which plans to sell as much as 1.5 billion yuan of onshore bonds, listed funding of property projects among their use of proceeds. Last week, Seazen Holdings Co. sold 1 billion yuan of three-year notes at a 3.28% yield. The bond, which is guaranteed by China Bond Insurance, was 2.8 times oversubscribed.



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