Chinese City Takes Lead to Boost Home Demand: Evergrande Update.

HONG Kong (China); CHINA

China High-Yield Dollar Bonds Extend Declines as Builders Fall (5:06 p.m. HK) Chinese high-yield dollar bonds fell 1-3 cents on the dollar, credit traders said, putting them on track for a fourth day of declines. Keywords: 000656@CH; 000671@CH; 002146@CH; 2202@HK; 3301@HK; 3333@HK; 3380@HK; 600340@CH; 6158@HK; 715@HK; ALLTOP; ASIA; ASIATOP; BASIC; BLD; BON; BONTOP; BUSINESS; CHINA; CMD; CONS; CONSD; COS; FIN; HK; INDUSTRIES; LEI; MARKETS; METMNG; MKTTOP; REL; STK; TOP; WORLD; WWTOP; WWTOPAS EN 000656@CH 000671@CH 002146@CH 2202@HK 3301@HK 3333@HK 3380@HK 600340@CH 6158@HK 715@HK ALLTOP ASIA ASIATOP BASIC BLD BON BONTOP BUSINESS CHINA CMD CONS CONSD COS FIN HK INDUSTRIES LEI MARKETS METMNG MKTTOP REL STK TOP WORLD WWTOP WWTOPAS (Bloomberg) -- Major Chinese banks in the eastern city of Heze have cut mortgage down payments for some home buyers, the first such move in the country to boost flagging housing demand, local media reported. 000656@CH, 000671@CH, 002146@CH, 2202@HK, 3301@HK, 3333@HK, 3380@HK, 600340@CH, 6158@HK, 715@HK, ALLTOP, ASIA, ASIATOP, BASIC, BLD, BON, BONTOP, BUSINESS, CHINA, CMD, CONS, CONSD, COS, FIN, HK, INDUSTRIES, LEI, MARKETS, METMNG, MKTTOP, REL, STK, TOP, WORLD, WWTOP, WWTOPAS. [Extracted from the article]

Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)