Goldman Sachs Identifies $60 Billion Bond Buying Opportunity in Chinese Firms Amid US Restrictions - PRESS AI WORLD
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Goldman Sachs Identifies $60 Billion Bond Buying Opportunity in Chinese Firms Amid US Restrictions

Credited from: SCMP

  • The US's updated list of **Chinese firms with military links** includes **$60 billion** in offshore debt, presenting a potential **buying opportunity** according to Goldman Sachs.
  • The affected bonds are issued by major companies such as **Tencent Holdings**, **CATL**, and **CNOOC**, most of which hold **investment grades**.
  • Goldman analysts noted that previous inclusion on similar lists had only a **short-term impact** on bond prices.
  • They expect current negative impacts to be **temporary**, and any widening of yield spreads could offer a **good buying opportunity**.
  • Despite the surprise listing of companies, it will not directly lead to **sanctions** unless further executive actions are taken by the US government.

For further details, visit the original article at SCMP.

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