China’s Dollar Bond Market Sees Recovery Signs as Issuers Return
- Alibaba among companies planning to issue dollar bonds
- Yield premiums on dollar bonds in Asia fell to all-time lows
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China’s dollar-bond market is seeing a return of big issuers, raising hopes that a market hit hard in recent years by the nation’s economic woes is reviving.
Chinese companies issued a combined $7.77 billion of dollar bonds in October, more than doubling from a year earlier, according to data compiled by Bloomberg.