China bond houses face tighter fees, issuance clampdown

The domestic bond market on the mainland faces a wall of maturities this year. But refinancing these deals will not bring the revenue boon bankers may be hoping for.

A record Rmb4.64 trillion ($674.6 billion) of renminbi-denominated bonds will mature this year, according to Dealogic data. That is around 18% more than 2016.

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