HONG KONG—The biggest selloff that China’s worldwide junk-bond market has ever seen has worn out spherical a third of bondholders’ wealth in merely six months.
The steep and speedy decline reveals how regulatory curbs on borrowing, terribly dislocated credit score rating markets, and slowing home product sales have blended to pressure further Chinese language language property builders, which account for a lot of of China’s high-yield issuance.
https://www.wsj.com/articles/chinese-junk-bond-yields-top-25-as-property-market-strains-intensify-11636371718?mod=rss_markets_main | Chinese language language Junk Bond Yields Excessive 25% as Property-Market Strains Intensify
