Asian high yield: the only way is up? Part two

Asia’s high yield markets were on fire during the first quarter of 2017 and much of that was down to Greater China.

The second quarter is shaping up to be a little different as Chinese issuance shows signs of tailing off and foreign investors hold back. Is this an omen that Asia’s high yield markets are turning

In part two of our series on the sector, FinanceAsia examines what recent issuance trends may be saying about the high yield market’s performance over the rest of the year.

During the first quarter, Chinese and Hong Kong non-investment grade borrowers accounted for 87.5% of...