-- China’s credit market got its first floating-rate corporate bond in more than four years, offering investors an option to hedge against rising rates after yields saw their biggest monthly jump since 2022.How the Cortiços of São Paulo Helped Shelter South America’s Largest City
The timing of this issuance is surprising to some market watchers. Wang Chen, co-founder of Belt & Road Origin Tech Co., a provider of credit-risk analysis, said issuers tend to benefit more from such notes when interest rates are likely to drop further.China’s corporate debt markets have been jolted recently by Beijing’s efforts to to cool down a bond rally.
SHENZHEN, China, Aug. 28, 2024 -- August 26 marks the 14th anniversary of the establishment of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone.
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