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Bonds

Bond market action from around the world with a focus on Dim Sum debt and dollar bonds issued by Chinese firms.

Allianz Global Investors said the strong yuan is another good reason to invest in Chinese sovereign bonds. Photo: AFP

AllianzGI likes Chinese bonds as hunt for yield continues

Allianz Global Investors is considering buying Chinese sovereign bonds because the government’s efforts to curb excessive lending in the financial sector has pushed up interest rates and bond yields to attractive levels.