The country’s real estate sector bonds traded a tad lower but the renminbi stood firm after Beijing raised benchmark interest rate by another 25 basis points (bp) last night, the country’s second increase in just over six weeks.

A 25 basis point (bp) interest rate increase by the People’s Bank of China (PBoC) last night (February 8) has had little impact on the secondary bond prices of China’s property companies today, while the country’s currency continued to strengthen....

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