Yuan volatility, interest costs cast a cloud over Chinese developers’ earnings
25 Jul Yuan volatility, interest costs cast a cloud over Chinese developers’ earnings
Posted at 08:23h
in
News
by KMFSLLP
China’s major property
developers will report their first-half earnings next month,
with some facing a sharp spike in interest costs and big foreign
currency losses on overseas borrowing, and the hit could be
harder in the second half.
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