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China's big banks throw a US$22b test at hybrids market


  • Banking
  • Monday, 14 Jan 2019

If bond-focused funds want to improve returns this year under such market conditions, they must have an exposure to convertible bonds.

If bond-focused funds want to improve returns this year under such market conditions, they must have an exposure to convertible bonds.

BEIJING: China’s banks’ urgent want for cash is threatening to overload the country’s fledgling convertible-bond market.

Four lenders are due to sell as much as 146 billion yuan ($22 billion) of the hybrid securities by the end of June after the regulator approved the deals in recent weeks. 

Banking , Economy

   

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