However, it could be too little, too late, Bloomberg Intelligence analyst Kristy Hung wrote in a report. Policy support for China’s real estate sector, including facilitating mergers and acquisitions, loosening bank lending and easing mortgage interest relief, is unlikely to change the short-term liquidity outlook for ailing developers. Yields on Chinese junk bonds hit a new high near 28% on Wednesday, according to a Bloomberg index.

This post Traders Weigh China to Resolve Risk: Evergrande Update

was original published at “”