Macro Insights Portal, DACS: Asian credit spreads compressing to multi-year lows

Story of the day:

China and Hong Kong credit. Chinese asset market sentiment is improving due to policy, given stern controls over institutional equity selling and Chinese ETF buying by state-linked funds.

 

What does this mean for your portfolio?

Policy measures should bolster China and Hong Kong credit sentiment, with pricing also being supported by limited supply in the offshore Asian credit market.