scorecardresearchJunk Bond Investors Stung by China Look to India, Southeast Asia

Junk Bond Investors Stung by China Look to India, Southeast Asia

Updated: 29 Jun 2022, 09:54 AM IST
TL;DR.
Asian junk bond investors are increasingly looking to smaller pockets of the market as a debt crisis among the biggest issuers, Chinese property developers, forces old playbooks to be rewritten.
A currency trader watches monitors at a foreign exchange dealing room in Seoul, South Korea, Thursday, June 23, 2022. Asian stock markets were mixed Thursday after Wall Street edged lower amid fears that higher interest rates will chill global economic growth. (AP Photo/Lee Jin-man)

A currency trader watches monitors at a foreign exchange dealing room in Seoul, South Korea, Thursday, June 23, 2022. Asian stock markets were mixed Thursday after Wall Street edged lower amid fears that higher interest rates will chill global economic growth. (AP Photo/Lee Jin-man)