Dollar bonds with RMB hedging double dim sum yields

BOCHK Asset Management prefers renminbi-hedged high yield US dollar bonds from China property companies as they can return up to twice as much as identical offshore RMB credits.

  • 23 Nov 2012

The Chinese currency is the safest way to store wealth and renminbi-hedged US dollar China property high yield bonds are the most attractive way to gain exposure to it, says Ken Hu, fixed income chief investment officer at BOCHK Kong Asset Management in an interview with Asiamoney PLUS.

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