Back to Search Start Over

Chinese Companies Pay A Premium to Borrow.

Authors :
LAW, FIONA
Source :
Wall Street Journal - Eastern Edition. 8/10/2015, Vol. 266 Issue 34, pC1-C6. 2p.
Publication Year :
2015

Abstract

The article states that investors were purchasing a significant amount of Chinese corporate debt in 2015 as a result of difficulties in the Chinese stock market, Chinese currency, and slowed economic growth. According to the article, Chinese companies sold $73.8 billion worth of bonds during the year as of early August 2015. It also states that Chinese-based firms accounted for two-thirds of the investment-grade corporate debt sold in Asia in 2015 outside of Japan. The article presents comments from financial services firm UBS head of Asia credit research Edwin Chan.

Details

Language :
English
ISSN :
00999660
Volume :
266
Issue :
34
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
108788830