“Even the relatively ‘safer’ China property names like Shimao Group and Country Garden were not spared from the negative sentiment”, wrote analysts at CreditSights last Friday, pointing to the spillover…
Analysts at CreditSights saw fair value around 2.7%. They wrote in a pre-pricing note on Wednesday that the yield of the new notes is less attractive than that of provincial-level…
“Analysts at CreditSights put fair value [for Agile’s sustainable bond] at 5.4%, including about 10bp of premium for the market backdrop.”
Investor sentiment appears to be negative on the sector, possibly due to concerns over a potential spillover from Evergrande, given that bond prices of other risky Chinese developers…were also found…
Indonesia’s 3.7% 2049 bond, its 4.2% 2050 note, a 3.5% 2050 deal and its 3.05% 2051 bond were four of the top 10 investment grade dollar bonds in Asia last…
CreditSights likened TME’s standalone credit profile to Baidu, JD.com and Xiaomi, all Chinese tech companies that trade wider than Tencent. The analysts saw fair value for the five year notes…
Analysts at CreditSights saw fair value for the new bonds around 6.3%. But given the strong market backdrop and small issuance size, the analysts anticipated that the deal would price…
The country’s bonds made up eight of the 10 worst performing high yield bonds in Asia last week, according to CreditSights research.