Investors underestimate CNH credit risk, say fund execs
While generally positive on the opportunities in Asia’s high-yield credit market, fund managers do have concerns, not least about the risks of CNH bonds.
![Investors underestimate CNH credit risk, say fund execs](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2F1280_FA_output.jpg&c=1&h=677&q=100&v=20240927&w=1204)
The Sino Forest debacle – which has seen the Chinese forest plantation operator lose more than 80% of its stock value since the start of June following a damning report from short-seller Muddy Waters – has drawn attention to the credit risk of Chinese corporate bond issuers, say asset managers.
At the AsianInvestor and FinanceAsia Asia-Pacific Debt Investor Forum in Hong Kong this week, fund executives agreed on the attractiveness and potential of the Asian high-yield credit marke…
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