RPT-Virus-driven surge in China convertible bonds raises crackdown risk
Chinese mom-and-pop investors
are rushing into the convertible bond market to avoid the
pandemic-led swings in equities, but rich valuations have raised
alarm that a growing channel for funding virus-hit companies
could become victim to a bubble.
are rushing into the convertible bond market to avoid the
pandemic-led swings in equities, but rich valuations have raised
alarm that a growing channel for funding virus-hit companies
could become victim to a bubble.
Posted by Reuters
