Goldman Sachs Identifies Buying Potential in $60 Billion of Bonds Linked to Chinese Firms - PRESS AI WORLD
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Goldman Sachs Identifies Buying Potential in $60 Billion of Bonds Linked to Chinese Firms

Credited from: SCMP

  • Goldman Sachs indicates that the US's updated list of Chinese firms involves around US$60 billion in offshore debt.
  • Major companies affected include Tencent Holdings and Contemporary Amperex Technology (CATL), which have investment-grade ratings.
  • Historically, the inclusion on military links list has had a short-term impact on bond prices, according to Goldman analysts.
  • The report suggests that any price declines present a favorable buying opportunity for investors.
  • Goldman expects any negative impact from recent updates to be temporary, with strong support from Asian credit investors.

For the full article, visit SCMP.

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