Investors adopt a holding pattern on China's property-dominated high-yield bonds
Despite the high-level defaults, investors haven’t yet lost all confidence in China's high-yield bond market - especially those from property developers - but a selective approach will be essential.
Following the latest high-profile Evergrande Group default, investors are remaining underweight in Chinese property high-yield bonds - but only for now. Some are simply biding their time before adding selective names, analysts told AsianInvestor.
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