Some overseas and Chinese institutions are re-entering the o...

Some overseas and Chinese institutions are re-entering the offshore bond trading issued by Chinese real estate companies, as government efforts aimed at economic growth and real estate sector revitalization accelerate, leading to a brighter outlook. Following the most comprehensive economic stimulus package announced after the COVID-19 pandemic, investors have started to return to the market. Analysts are divided on whether the real estate sector will recover in the near future. Nonetheless, Lee Jen, Chairman of Beijing G Capital Private Fund Management Center, revealed that he placed an order to buy real estate bonds worth millions of yuan for the first time in several months. Lee stated, "We have witnessed the government's determination to revive the real estate sector." Among real estate bonds, China Vanke (000002.SZ) and Longfor Group (0960.HK) have seen notable gains without defaulting.