China's corporate loans, bond sales, IPO financing hit multi-year high amid coronavirus outbreak

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Chinese companies raised record amount of money through bond sales, new share issuance and bank loans in the first quarter amid the coronavirus outbreak.

China's onshore bond market saw a total of 12 trillion yuan worth of issuance in the first three months, 14 per cent higher than a year earlier, according to the data released by Chinese central bank. By the end of March, outstanding bonds amounted to 103 trillion yuan, up 4 per cent from the end of last year.

A total of 2963 new corporate bonds were sold in the first . . .

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