Bonds


Xi optimism boosts financial bonds

Xi optimism boosts financial bonds

(ATF) The bonds of Chinese financial companies surged the most in almost two months Tuesday after China’s president Xi Jinping offered a positive look at the economy’s prospects in a new year speech.The bond of investment house CITIC Bank led gains that tracked a 2.2% jump in the CSI300 stocks …

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Slowing deflation data buoys corporate bonds

Slowing deflation data buoys corporate bonds

(ATF) China bonds surged Monday after official data showing a slowing in the decline of producer prices indicated that corporate balance sheets are strengthening.Bonds of infrastructure companies including Hefei Construction surged after GCL System Integrated (GCLSI) said it would invest $122 million in the province to kickstart construction of a …

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China bonds climb a second week on US optimism

China bonds climb a second week on US optimism

(ATF) Chinese corporate and municipal bonds rose Friday after US president-elect Joe Biden clinched control of the upper house of Congress, raising hopes he’ll roll back sanctions on China investments.The bond of Aviation Industry Corporation of China (AVIC) surged as investors bet the loosening of US restrictions would also include …

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Congo debt relief deal boosts China industrial bonds

Congo debt relief deal boost China industrial bonds

(ATF) China bonds extended a new year rally, led by industrials, on optimism a deal by Beijing to clear some of the debts of a key commodities producing African nation will benefit Chinese companies.The listed bond of the Chengdu Rail Transit Group surged following news that a bullet train service …

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Chinese Government bond opportunities going global 

Chinese Government bond opportunities going global 

China’s government bond market has charted a rapid rise over the past two decades on the back of robust economic growth. The asset class has also made considerable strides to integrate into the global financial system in recent years. FTSE Russell announced in September that they would be including Chinese …

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Bonds rally slows on weaker yuan signals

Bonds rally slows on weaker yuan signals

(ATF) China bonds’ new year rally slowed to a near halt Wednesday amid signs that policymakers are mulling moves to weaken the yuan, making Chinese assets less attractive.Corporate bonds extended a seven-day rally after the New York Stock Exchange (NYSE) signalled it would relent on plans to delist three Chinese …

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China bonds climb on market making rule

China bonds climb on market making rule

(ATF) China’s corporate and municipal credits climbed for a seventh day, notching up the strongest start to a year since 2019, after regulators relaxed rules on trading in the 4 trillion yuan bonds.Financial bonds led advances on expectations that banks would benefit from the central bank’s decision to give domestic …

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After a year lost to coronavirus, 2021 already looks exhilarating 

After a year lost to coronavirus, 2021 already looks exhilarating

(ATF) After its disappearance last year, exhilaration will return in 2021. Any qualitative review of 2020, whether in human or capital markets terms, is doomed to cliché already, simply under the burden of the coronavirus as it unleashed its deadly charms.So forget 2020 and its endless dramas with which we …

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China bond investors see bright 2021

China bond investors see bright 2021

(ATF) Bond investors go into the new year with a positive view of Chinese bonds, despite recent volatility amid growing recent credit-risk concern.The combination of a strengthening Chinese economy – the only major one so far to rebound from the coronavirus downturn – and a central bank that has doggedly …

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Enterprise bonds send China debt gauge higher

Enterprise bonds send China debt gauge higher

(ATF) The bonds of Chinese state-linked companies rallied Tuesday after a selloff the day earlier was judged overdone and following an announcement by China’s regulators that they’d suspended a rating firm over its role in the the default of a huge miner that roiled markets last months.The benchmark ATF China …

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