Extremely Wealthy
Wealthy investors likely to shun high-yield bonds amid Evergrande debt crisis until second half of 2022, analysts say
High-net-worth customers, who were among the biggest buyers of high-yield bonds issued by mainland Chinese property developers, have become some of the worst-hit investors amid the companies’ financial distress, leaving them reluctant to return to the market until the second half of 2022, according to analysts. “Many high net worth…
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Click here to read the full story: South China Morning Post