Press "Enter" to skip to content

Overheated convertible bond market raises concerns

While Chinese stock market is staging a strong rally since January, debt investors are rushing for a slice of the country’s nascent convertible-bond market for potential gains on the equity conversion. However, the overheated market has raised concerns and the regulator is reportedly considering restrictive measures to cool the market down.

The Securities Association of China will convene a meeting on Friday to discuss problems in investors' subscription for convertible bonds and strengthen risk controls in the process, reported the state-run Securities Times on Thursday.

The regulator aims to improve the mechanism for convertible bond subscription and . . .

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

What you'll get:

  • Systematic, timely and data-driven reporting on China's economy and financial markets with details, data and perspectives you don't read elsewhere!
  • Daily Brief newsletter delivered before market open every weekday wrapping up the most important China-related stories.
  • Weekly Market Wrap-up on A shares, Chinese bonds, the Yuan and commodities!
  • Interviews with China experts. We find you insights you should never miss!
  • Conference calls and events. Nothing is better than talking to newsmakers, experts and reporters directly, right?

 

Already have an account? Sign In

Top