tiny lemmy 

Foreign companies flock to ‘panda bond’ market in hunt for China hedge

c/world · u/schizoidman@lemm.ee · 25 points

Open external link

https://archive.is/2E2hr

Multinational companies are flocking to China’s bond market at a record rate as they try to secure cheaper financing and hedge against deteriorating relations between Beijing and the US.

Comments

u/Bartsbigbugbag@lemmy.ml · 1 points

Not exactly bonds, but my Chinese stocks have outperformed my US stocks for months now. My BYD shares are up over 60% in less than a year. They seem to have stabilized around $100/share right now, but it’s still leagues ahead of where my US stocks are.