BEIJING (AFX-ASIA) – Chinese firms are rushing to issue corporate bonds by year-end amid growing speculation that interest rates may rise next year, analysts said. Gao Hongbin, a bond analyst at Haitong Securities, said: “Companies that have submitted bond issue applications, all want to get approved this year, as the central bank is expected to…
CHINA: Firms rushing to issue bonds ahead of possible rate rise Ð analysts
Posted on December 19, 2003 by EnergyAsia