Morningstar data shows that 15 funds available for distribution in Hong Kong and Singapore were exposed to China’s troubled property sector at the start of the year.
Tag: Evergrande
Q&A: Ready for a reset in Chinese property
As part of a new initiative, FSA is talking to market participants about key trends that shape fund selection. This week Jenny Zeng, chief investment officer for Asian fixed income at Allianz Global Investors, discusses China’s embattled property sector.
China property crisis on the boil
The Chinese property industry is in hot water with the third major Chinese real estate company failing to repay its maturing notes in less than a month.
Evergrande’s woes spread
More Chinese property companies are in trouble and suffering credit downgrades.
Evergrande unlikely to be China’s Lehman
Asset managers expect that Beijing will manage the property developer’s potential default in an orderly fashion.
The FSA Spy market buzz – 24 September 2021
Digital trading fund; Vontobel’s wolf eyes; LinkedIn’s flurry of Evergrande advice; The S&P 500’s amazing run; MPF funds’ poor returns; America’s debt ceiling; and much more.
Bond managers react differently to Evergrande debt crisis
Despite the drop in prices, some fixed income managers increased exposure to the Chinese property developer during the past two months, said Morningstar.
