Measures for connecting interbank and exchange bond markets are the latest move to unify China's fragmented $20 trillion bond markets
Domestic and global fund managers are eyeing a buy-up of dollar bonds issued by Chinese developers that were beaten down by Beijing's campaign to cut debt in the sector
Evergrande seeks more financial and legal advisers, while Country Garden surprised with a new issue of $500 million in convertible bonds, after a similar attempt failed last week
Investors should favour stocks in the MSCI China and MSCI Hong Kong indices over global benchmarks, BCA Research analysts said
Ad hoc group says it has seen no substantive response from developer with offshore creditors to formulate viable restructuring plan
'Profound' green policies have been adopted around the world for net-zero transitions, while recent reforms to China’s financial markets have begun to shift global markets towards Asia
Benchmark 10-year yield falls as much as 5 basis points to a low of 2.71% in early trade on Wednesday, its lowest since June 2020
Developers' shares rose on Tuesday after news of Shanghai Pudong Development Bank's plan to raise $790 million via three-year bonds through China's interbank market for project buy-ups
Conglomerate says it bought back $5 million worth of its July 2022 notes and $5 million of its April 2026 notes from the open market
Market analysts said the size of the rate cut and the timing were a big surprise, and they believe further monetary stimulus could follow.
China Evergrande reached a deal with bondholders to delay redemption and coupon payments for a 4.5 billion yuan ($707.52 million) bond
Bond markets in Asia are likely to stay resilient even as the US Federal Reserve begins to unwind stimulus and hike interest rates this year, economists said