Mark McCord

Mark McCord

Mark McCord


Biden warns Xi on Hong Kong, Uighurs

Biden warns Xi on Hong Kong, Uighurs

(ATF) Joe Biden expressed his concern about China’s treatment of Hong Kong and the minority Muslim Uighur people during the US president's first call with his Chinese counterpart. Earlier the new US administration warned it may widen its China sanctions list over concern that sensitive technology exports are being misused. …

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China bond gauge drops a second day

China bond gauge drops a second day

(ATF) Chinese bonds delivered losses to investors Wednesday after economic data showed inflationary pressures had increased.Corporate and financial companies led declines for a second day on the the ATF China Bond 50 Index of AAA rated Chinese non-sovereign debt. The privately issued securities tracked declines on sovereign bonds as global …

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Bonds fall from 6-month high

Bonds fall from 6-month high

(ATF) The benchmark China bond index fell from a six-month high Tuesday as a poor reception to the year’s first sale of green debt were poorly received and as default concerns heightened over convertible securities.The China Bond 50 Index of returns on China’s most liquid AAA corporate and local government …

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Musk nod sends altcoin Doge soaring

Musk nod sends altcoin Doge soaring

(ATF) Dogecoin has surged after Tesla CEO Elon Musk said he backed the cryptocurrency.The virtual asset soared 50% after the outspoken billionaire tweeted the word “Doge”. "Dogecoin is the people's crypto" he wrote in a follow-up. "No highs, no lows, only Doge,” came next.That was enough to send the coin …

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Debt concern keeps bond gauge on hold

Debt concern keeps bond gauge on hold

(ATF) Chinese corporate bonds fell the most in a month as warnings of over-indebtedness among private companies and local governments deterred investors from the world’s second-largest debt market.The broadest gauge of Chinese credits was unchanged as a bond of the local government of Guizhou defaulted on a 255 million yuan …

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CNY Covid warning damps Chinese bonds

CNY Covid warning damps Chinese bonds

(ATF) The leading gauge of Chinese bonds stalled after authorities urged citizens to stay at home during the Lunar New Year to prevent the spread of new coronavirus clusters.The warning raised the spectre of more lockdowns a year after the newly emergent Covid-19 virus sparked a two-month shutdown that devestated …

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China bond index rallies on PBoC, IMF reports

China bond index rallies on PBoC, IMF reports

(ATF) Chinese bonds rallied Tuesday after the People’s Bank of China (PBoC) said it would closely monitor credit risks in the nation’s economy.The bonds of state-owned enterprises (SOEs) led gains after the International Monetary Fund (IMF) said China’s economy would continue to recover strongly from the pandemic downturn.The ATF China …

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