China's order for banks to transfer off-balance-sheet loans may lead to a large amount of bond issuance from real-estate companies, CLSA Asia-Pacific Markets said.
Chinese developers Country Garden Holdings Co and KWG Property Holdings said they are planning to issue dollar bonds, as tighter lending rules in Beijing encourage them to seek funds overseas.
More property developers have began to cut prices and adjust their business portfolios to cope with sluggish transaction numbers due to government tightening of the real estate sector.
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China Poly Real Estate Group Co, one of the country's biggest developers, said on Thursday its property sales in the first six months rose 3.3 percent year-on-year.
China Vanke Co, the country's largest property developer by market value, said Monday that its sales revenue in June rose 27.9 percent from a year earlier despite the government's tightening moves.
China's Poly Real Estate Group, the country's second largest property developer by market value, said Friday its contracted sales revenue totaled 15.41 billion yuan ($2.26 billion) in the first five months, up 4.75 percent year-on-year.
China Vanke Co, the country's largest property developer by market value, announced on Sunday that its sales revenue in May decreased 20.2 percent from a year earlier amid the government's tightening moves.
China's stocks advanced, paring a weekly loss, as property developers rebounded on speculation policymakers will continue to support the industry and economic growth may be sufficient to sustain prices.
China Vanke Co Ltd, the country's largest property developer, is still actively seeking land parcels despite recent market tightening policies, the company's top management said on Thursday.
China Vanke Co, the nation's leading developer, said it will not set a united pricing strategy or make any guidelines for price cuts in response to the market rumors that the developer is preparing for a nationwide reduction in June, China Business News reported.
China's tightened real estate policies are encouraging mainland multimillionaires to snap up luxury apartments in Hong Kong, though some Hong Kong investors are finding mainland property prices more competitive.
China's stocks rose for the first time in four days as developers and brokerages gained on speculation recent losses were excessive, overshadowing declines among lenders.
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