Mainland retail investors queued for a day to snap up government savings bonds, which are perceived as a safehaven for capital, mainland media reported.
Tag: China
China takes more steps to open bond market
The mainland’s provident and pension funds should bring up to $610bn into China’s interbank bond market (CIBM) after regulators open it to a wide range of foreign and domestic investors, analysts said.
China this week – 06 May 2016
A roundup of the week’s asset management news from mainland publications.
CSRC cautions on bond risks
After the Chinese regulator urged a more thorough risk analysis, some mainland brokers have refused to issue bonds from privately-owned companies amid default concerns, mainland media reported.
Chinese AM industry cleanup underway
More than 2,000 private fundraising and management firms will be forced out of the Chinese market, according to the China Securities Regulatory Commission and the Asset Management Industry Association of China.
China corporate bond defaults spike
Year-to-date, Chinese enterprises have defaulted on 22 bonds, exceeding the 21 defaults reported for the full year 2015, according to UOB Kay Hian Investment Consulting.
China this week – 29 April 2016
A roundup of the week’s asset management news from mainland publications.
Fidelity remains bullish on Japan
Despite negative interest rates and doubts about Abenomics, Fidelity analysts single out Japan as the only market with improving prospects.
China this week – 22 April 2016
A roundup of the week’s asset management news from mainland publications.
IMF, ECB defend negative rates
Banks do derive benefits from negative interest rates, which are a net positive for the economy, said José Viñals director of monetary and capital markets at the IMF.
