Chinese LGFVs in good shape despite Covid

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Chinese LGFVs in good shape despite Covid

Alice Huang
September 07, 2020 08:00 AM
China_Zhejiang province_Adobe_30June
Chinese boats are taking tourists to see the surrounding atmosphere in the morning of one day with fog floating on the lake water. | nopphadol - stock.adobe.com

Chinese government-related entities (GREs) and local government finance vehicles (LGFVs) received more rating upgrades than downgrades from Fitch Ratings in the first half of 2020, but the pricing differences between bonds from quality names and weaker credits remain stark, said DCM bankers.

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Topics

Health and BiotechChinaCorporate BondsAsiaGreater ChinaNortheast AsiaAsia PacificEmerging MarketsSRIHigh grade and crossover bonds
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Alice Huang
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