Beijing will issue a spree of special-purpose bonds in order to help meet the ambitious GDP target, but more reforms are likely needed to boost output.
Central China Real Estate’s Mai expresses cautious optimism over property sector while New World Development’s Lam elaborates on Greater Bay Area challenges.
Chinese property developers are facing higher financing risk and tighter liquidity positions given the deteriorating cash collection from contracted sales, but strong policies are limiting the damage
Respondents to FinanceAsia’s inaugural Asia Credit Market Outlook for 2020, in partnership with Fitch Ratings, are cautious about what the future brings.
Investors may need to display more cunning to navigate the Asian high yield bond markets during 2020 as the approaching Year of the Rat ushers in a heavy pipeline of redemptions.