Vote of confidence in perps as CSCI bags $500m

Morgan Davis

November 27, 2018 08:00 am

China stock market random 150 x 230 — Investors are seen at a stock trading hall in Shenyang, northeast China's Liaoning Province, March 30, 2016. China's stocks rallied on Wednesday, with the benchmark Shanghai Composite Index up 2.77 percent to 3,000.64 points. The smaller Shenzhen index surged 3.48 percent to end at 10,445.69 points. (Xinhua/Pan Yulong)(mcg) (Photo by Xinhua/Sipa USA) | Xinhua/SIPA USA/PA Images

China State Construction International Holdings’ (CSCI) $500m perpetual bond sale on Monday proved that investors still have an appetite for the structure — if the terms are right.

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Topics

China Bank of America China Construction Bank Corporate Bonds Asia Greater China Northeast Asia Asia Pacific Emerging Markets HSBC High grade and crossover bonds

MD

Morgan Davis

Deputy editor GlobalCapital Asia