The US Federal Reserve's decision last week to postpone the tapering of quantitative easing might offer psychological relief to some highly geared mainland developers, which have nearly US$8 billion in outstanding bonds due to mature from now to next year, but it is unlikely to spark a market turnaround.
via Business feed http://www.scmp.com/business/banking-finance/article/1315405/fed-move-offers-relief-developers
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