Caution urged on China SOE bonds

Fidelity says investors should be careful when purchasing the notes of Chinese state-owned enterprises since these can have varying levels of government support.
Tightrope: only around 17% of Chinese SOEs receive strong day-to-day government support.
Tightrope: only around 17% of Chinese SOEs receive strong day-to-day government support.

State-owned enterprises are not as homogeneous in China as they are in other parts of Asia, so investors should be extra careful when buying their bonds, Fidelity Worldwide Investment said in a media press briefing today.  

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media