Foreign Institutional Investors Move Money into Private-Sector Chinese Bonds
Posted on 12/15/2019
Investors have historically been more interested in Chinese government bonds than their private sector counterparts. This is changing fast. Investors worldwide have leapt for junk bonds from Chinese property developers. UBS has scored big with its hire of distressed-debt expert Kelvin Zhao to manage the flow. Working out of the Hong Kong office, Mr. Zhao […]