Property Stocks Drop as Developers Raise Cash: Evergrande Update.

VALUATION of corporations; INTERBANK market; BONDS (Finance); STOCK exchanges; DEFAULT (Finance); BOND prices; JUNK bonds

Keywords: 000671@CH; 000961@CH; 136@HK; 1516@HK; 1638@HK; 1918@HK; 3333@HK; 3883@HK; 600823@CH; 700@HK; ALLTOP; ASIA; BON; BUSINESS; CHINA; COS; FIN; HK; INDUSTRIES; LAW; MARKETS; REL; STK; WORLD; WWTOP EN 000671@CH 000961@CH 136@HK 1516@HK 1638@HK 1918@HK 3333@HK 3883@HK 600823@CH 700@HK ALLTOP ASIA BON BUSINESS CHINA COS FIN HK INDUSTRIES LAW MARKETS REL STK WORLD WWTOP Chinese property developers are putting their own shares under pressure as they look to raise cash to pay debt and ride out a historic funding squeeze. Yango Extends Exchange Offer Deadline (8 a.m. HK) Yango Group has extended the expiration deadline for its dollar bond exchange offer and consent solicitations to 4 p.m. London time on Nov. 17, according to a Hong Kong stock exchange filing. Developers See Rising Bond Pledging Risks (2:48 p.m. HK) Chinese developer Shanghai Shimao Co. is continuing to see stress building in its local bonds, data from the exchange-traded repo show. [Extracted from the article]

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