High-yield sector needs to diversify

Asia’s capital markets have come a long way, especially in the investment-grade space, but the same cannot be said for the high-yield sector.

High-yield sector needs to diversify

Asia’s high-yield sector needs to diversify beyond China, according to bankers at Haymarket’s fifth Annual Borrowers Investors Conference held in Hong Kong on Thursday.

Year-to-date, Chinese issuers account for 84.5% of total Asia ex-Japan G3 high-yield issuance while for investment-grade Chinese issuers account for 40.5%, followed by South Korea 28.2% and Hong Kong 23.9%, according to Dealogic data.

In terms of sector breakdown, Chinese property dominates the total Asia ex-Japan G3 high-yield...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...