Skittish investors highlight China credit fears

Early redemption requests on domestic private placement notes add to nerves following a feared – but avoided – trust default in January.

Skittish investors highlight China credit fears

A move by a group of investors in China to seek early redemption of private placement notes highlights the skittishness that exists in the market amid concerns of possible defaults within the system.

The three-year 6% private placement notes PPN issued by Luoyang Mining Group have attracted market attention as two investors asked for early redemption, rarely-seen in China in recent years.

Guangzhou Rural Commercial Bank and Bank of China Investment Management,...

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