Corporate US dollar bond sales jump


Chinese firms have sold about US$13bil of US dollar-denominated notes so far this year in publicly announced deals. — Reuters

Beijing: China’s US$600bil corporate US dollar bond market is showing signs of resurgence, as optimism over artificial intelligence (AI) advances and recent government steps to ease the property crisis help boost confidence.

Chinese firms have sold about US$13bil of US dollar-denominated notes so far this year in publicly announced deals, according to data compiled by Bloomberg.

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