Country Garden, Sunac China, Greenland, CIFI and SCE Group have all had some of their projects listed as being suitable for bank loans

Rescuing developers like Country Garden won’t address the sector’s downturn, analysts say, with lifting buyer confidence the key

Real estate giants like Country Garden and Sunac China saw their shares rise 18% and 17% while investors also piled into property firms’ bonds

The real estate firm was among many Chinese developers that defaulted last year as the sector reeled under a debt crisis

If Sunac goes into default, it could ramp up panic about China's property crisis, executives at other firms said, as Sunac is a big group known for its mid- to high-end properties

The 4 billion yuan onshore bond will mature on April 1, 2024, but investors have a put option to sell back to the company on April 1 this year.

The developer reportedly has funds to pay an onshore bond debt worth 4 billion yuan ($634.25 million) due on April 1