Tencent's long end rallies on China IG demand

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Tencent's long end rallies on China IG demand

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Man pushing an elevator buttons where it is written long term. Investment Concept. Composite image between a hand photography and a 3D background. | Olivier Le Moal/Olivier Le Moal - stock.adobe.com

Tencent Holdings has seen an impressive rally in the secondary market for its recently issued dollar bonds, a reflection of strong investor appetite for investment grade supply amid underwhelming issuance volumes in 2019.

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