Taking Stock of Default Risks in the China Bond Space
MONEY FM 89.3 - Prime Time with Howie Lim, Rachel Kelly & Finance Presenter JP Ong
English - June 29, 2021 13:29 - 7 minutes - 7.28 MBInvesting Business News Business News Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
While some investors favor Chinese bonds for relatively higher yields and the continued opening up of financial markets on the Mainland, one can't help but be a little wary of default risks facing some of China's largest firms, from Huarong to Evergrande. Serena Ng, Asia Finance Editor for the Wall Street Journal, joined us on Prime Time to discuss the credit distress facing these two firms, if it spells any more trouble for Chinese markets, and what they're tracking heading into the second half of the year.
See omnystudio.com/listener for privacy information.
While some investors favor Chinese bonds for relatively higher yields and the continued opening up of financial markets on the Mainland, one can't help but be a little wary of default risks facing some of China's largest firms, from Huarong to Evergrande. Serena Ng, Asia Finance Editor for the Wall Street Journal, joined us on Prime Time to discuss the credit distress facing these two firms, if it spells any more trouble for Chinese markets, and what they're tracking heading into the second half of the year.
See omnystudio.com/listener for privacy information.