from Reuters: Business News https://ift.tt/2U9sc4d
Friday, March 1, 2019
China's fledgling junk bond market spawns new breed of vulture funds
When the Shanghai-traded bonds of conglomerate China Minsheng Investment Group plunged 40 percent over two days in January after news it had missed a repayment, Beijing-based hedge fund manager Jash Zhang smelled blood.
from Reuters: Business News https://ift.tt/2U9sc4d
from Reuters: Business News https://ift.tt/2U9sc4d
Related Posts:
Asian shares slump, bonds rally as virus fears grow- Wells Fargo workers seek Washington's help with internal gripes
- Salesforce co-CEO Keith Block steps down, Marc Benioff to be sole chief
- Panasonic poised to withdraw from solar cell production at Tesla's NY plant: sources
- Oil rises on short-covering, hopes for deeper output cut by OPEC+
0 comments:
Post a Comment