Bond Connect investors test drive Ford China ABS

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Bond Connect investors test drive Ford China ABS

Ford badge 230x
The reflection of a Ford Five Hundred is shown on the tail gate and badge of a F-150 truck at Bob Maxey Ford in Detroit, Tuesday, July 19, 2005. Ford Motor Co. said its profit fell 19 percent in the second quarter from a year ago, stung by lower production and intense competition in North America, where it lost more than $900 million. (AP Photo/Paul Sancya) | PAUL SANCYA/AP/Press Association Images

Ford Automotive Finance (China) has pulled off an impressive return to China’s auto ABS market. The company raised an eye-catching Rmb3.46bn ($518.4m) from its latest deal — and brought in the first crop of foreign investors tapping Chinese ABS through Bond Connect.

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