China’s offshore dim sum bonds are not going to disappear any time soon, despite the expanding issuance of onshore panda bonds, said Stephen Chang, head of Asian fixed income at JP Morgan Asset Management.
Tag: dim sum bonds
Citi PB: China’s managed defaults will not spread
In the face of dire warnings, China appears to be managing its corporate defaults, said Bassam Salem, CEO for Asia-Pacific at Citi Private Bank, and a stronger RMB has prompted the bank to reverse its stance on dim sum bonds.
Will onshore bond funds challenge dim sum?
China’s newly announced Bond Connect may boost the domestic bond market as RQFII-based funds underperform dim sum bond funds in 2017.
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.
