Perp rush continues with Cheung Kong, BEA bonds

The Hong Kong duo enjoy a constructive reception from the market, making the most of investors’ desperation for yield.

Asian bond issuers are taking advantage of a search for yield among investors, selling a plethora of subordinated and perpetual bonds — deals that can sometimes be a tough pitch in more challenging markets.

¬ Haymarket Media Limited. All rights reserved.

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