China’s Property Crisis Pushes Private Credit to Tech Sectors
- Fintech, healthcare, green tech draw interest: HSBC’s Bo Hu
- Private credit investors face lower borrowing costs in China
Bo Hu
Photographer: Chan Long Hei/BloombergThis article is for subscribers only.
Private credit investors’ opportunities in China are shifting from the property market to technology sectors, including green businesses, according to Bo Hu, head of private credit Asia at HSBC Holdings Plc.
Financial technology and health care in particular are the sectors to watch in the next 18 months as the world’s second largest economy faces an aging population, she said at Bloomberg’s China Credit Forum in Hong Kong on Wednesday.