China Bonds


Growth signals lift China bonds

Growth signals lift China bonds

(ATF) The benchmark ATF China Bond 50 Index of corporate and municipal bonds climbed for a third day as yet more data indicated the Chinese economy is growing.The bonds of state-owned-enterprises also gained as investors shrugged off concerns that a spate of defaults in the sector would spread.The ATF CB50 …

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Growth data sends China bonds higher

Growth data sends bonds higher

(ATF) China bonds climbed the most in almost two months as data indicating a strong economic recovery from the coronavirus downturn drew investors to the world’s second-largest debt market.The gains masked a precipitous decline in a gauge of financial bonds following reports that the banking sector is likely to see …

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Stronger data likely to buoy bonds

Stronger data likely to buoy bonds

(ATF) China’s non-sovereign bonds may shake off two weeks of volatility with an anticipated improvement in economic data this week. The reports may overshadow recent concern about corporate indebtedness.Important purchasing managers indexes (PMIs) are expected to show China’s economic recovery from the coronavirus downturn back on track after a slowdown …

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SOE bonds resume drop on crackdown news

SOE bonds resume drop on crackdown news

(ATF) The bonds of state-owned-enterprises (SOEs) resumed a selloff Thursday after it emerged that further regulatory action would be taken to clamp down on credit risks following a rash of defaults. Financial bonds also slid for the eighth day in 11 on news that the troubled Baoshang Bank would be …

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China bonds climb as default fears ease

China bonds climb as default fears ease

(ATF) Chinese corporate and municipal bonds rose Wednesday as investors gauged a selloff in the bonds of state-owned enterprises (SOEs) was overdone.The Enterprises sub-index climbed the most in two weeks, ending a losing streak that had been sparked when a spate of bond defaults prompted a crackdown by authorities on …

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China bonds decline on bank fines

China bonds decline on bank fines

(ATF) China bonds fell Tuesday as investors sold financial credits following a regulatory crackdown to stem a crisis in micro-lending.The yield on China Minsheng Bank's 2.75% bond surged after it was named by China’s Banking and Insurance Regulatory Commission (CBIRC) for making illegal charges on loans to micro and small-sized …

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China bonds revive amid new vaccine hope

China bonds revive amid vaccine hopes

(ATF) China credits climbed Monday for the first time in three days as the announcement of a third likely vaccine for coronavirus emboldened investors to take on riskier assets.The gain ended the benchmark ATF China Bond 50 Index’s longest run of declines since September. The slump had been spurred by …

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Chinese credits weather the storm

Chinese credits weather the storm

(ATF) Under normal circumstances a stumble in China’s bond market, the world’s second-biggest, would have triggered worries about cascading defaults or a massive exodus.But global investors say this is a mere hiccup as the pandemic has been speeding otherwise slow changes in the nation’s credit markets and conditions were right …

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China joins bond-market top table

China joins the bond-market top table

(ATF) China’s sovereign bonds have joined the ranks of some of the safest debt in the world, with investors willing for the first time to pay for the privilege of lending to the Beijing government.Huge demand for the nation’s debt saw investors bid down yields in the latest offshore sale …

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China bonds fall amid mounting default fears

China bonds fall amid mounting default fears

(ATF) The bonds of state-owned-enterprises fell for a third day amid deepening concern that the companies will be unable to pay down their debts.The declines dragged down the benchmark ATF China Bond for the first time in almost three weeks, with the risk-off contagion spreading to the notes of private …

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