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  • Jul 27, 2014
  • Updated: 4:01am

Fixed Income Market

Focus turns to bonds ahead of monetary easing

Agricultural Development Bank of China (ADBC), one of the mainland's largest policy lenders, will sell 15 billion yuan (HK$18 billion) in debt on Thursday.

Tuesday, 8 May, 2012, 12:00am

Putting faith in government iBonds is more iDiocy

There is a debt instrument that yields more than 6 per cent. It is simple, transparent, low fee, and involves no currency risk. It is easily traded on the Hong Kong exchange. The issuer is rated triple A (Standard & Poor's). It is the iBond.

Money Post, SCMP, April 23

24 Apr 2012 - 12:00am

Smart Money

Sites for independent investment information (by asset class)


16 Apr 2012 - 12:00am

Asia seen better bet than US or Europe

Asian markets are the safe bet for investors this year as the United States struggles to get back on the rails and Europe grapples with a debt crisis, economists say.

Recovery in the US will continue to be weak despite signs consumption may be picking up and balance sheets are improving.

17 Jan 2012 - 12:00am

Yuan bond market expanding fast in HK

Hong Kong's largely unrated yuan bond market is growing fast despite concerns over poor corporate governance at mainland companies.

The offshore yuan bond market came to a standstill last month following fears over the Greek debt crisis and a short-seller's report that Canada-listed Sino-Forest overstated its timber holdings.

19 Jul 2011 - 12:00am

Equities set to recover

Traditionally, May is considered a dull month for equities and other investments, as most traders take a breather after a hectic spring season.

This year, though, global equities have taken a different turn. Equities fell last month, as signs emerged that the global economy was slowing.

14 Jun 2011 - 12:00am

State firms to beef up offshore bond stakes

China's state-owned companies will beef up their borrowing in the offshore bond market this year as they become increasingly active in overseas takeovers, according to French investment bank Societe Generale Corporate & Investment Banking.

13 Jan 2011 - 12:00am

Government debt offer may be in September

The Hong Kong government would initially sell bonds to institutional investors under its planned debt programme, with the timetable to be published in days, sources close to the government said.

1 Aug 2009 - 12:00am

Corporate bond issues surge to 137.8b yuan

Mainland companies had raised a total 137.8 billion yuan (HK$156.47 billion) from corporate bond issues so far this year after the government opened the tap to funnel much-needed funds to prop up Beijing's 4 trillion yuan stimulus programme, Xinhua reported yesterday.

28 May 2009 - 12:00am

Government's bonds look a poor buy for retail investors

Last Friday, HSBC Holdings held a press briefing to promote the government's proposed HK$100 billion programme of bond issues.

Bank executive director Peter Wong Tung-shun said the government's bond sales would be popular with investors, and that the programme would help deepen Hong Kong's local-currency bond market.

Both of Mr Wong's assertions are questionable.

20 May 2009 - 12:00am