Hainan Shanze Asset News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Hainan shanze asset. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Hainan Shanze Asset Today - Breaking & Trending Today

China investors jump into municipal bonds, hopes of state support outweigh debt woes

China's promise of a "comprehensive" package to address local debt issues has triggered a rush into bonds issued by local government financing vehicles (LGFV) as investors sense an implicit state guarantee for these provincial firms. Yields on LGFV bonds, which account for half of China's corporate bond market, have dropped to their lowest levels this year, even as a debt crisis in the property sector that most of them are exposed to deepens. Data from Chinabond, a platform that's part of the China Central Depository and Clearing, shows spreads on one-year AA- rated bonds over comparable government bonds, have dropped from 353 basis points (bps) at the start of the year to around 173 bps, the smallest gap since late 2020. ....

Tom Westbrook , Zhu Yangmo , Samuel Shen , Kim Coghill , Vidya Ranganathan , Ali Gu , China International Capital Corp , Tianjin Infrastructure Investment Group , Country Garden Holdings , China Central Depository , July Politburo , Hainan Shanze Asset , Dealing Matrix , China Lianhe Credit Rating , Hong Kong Based , Asset Management , Government Bonds , Local Governments , Local Government Financing ,