More issuance, investor upgrades are needed for Panda bonds, says BoCom

/wusuowei - Fotolia

Four Panda bonds have been issued since China reopened the market in the end of September. While this is a great start, Pandas will need a lot more issuance and a matching mature investor base to go further in 2016, said Tu Hong, general manager of global markets centre, at Bank of Communications to GlobalRMB.