Foreign Institutions to Issue Corporate Bonds in China, good or bad?

Foreign Institutions to Issue Corporate Bonds in China, good or bad?
Sep 13, 2007 04:38
YVONNE Points: Join Date: Nov 29, 2004 Status: offline	It is reported that China is likely to allow foreign institutions to issue corporate bonds in the domestic capital market if conditions are ok. So far, only listed companies have been chosen to issue corporate bonds, the deputy of CSRC (China Securities Regulatory Commission). He also added that corporate bonds will help increase direct financing's share and improve the structure of financial products. What do you think? Is this good or not?

Sep 13, 2007 04:38

YVONNE
Points:
Join Date: Nov 29, 2004
Status: offline

It is reported that China is likely to allow foreign institutions to issue corporate bonds in the domestic capital market if conditions are ok. So far, only listed companies have been chosen to issue corporate bonds, the deputy of CSRC (China Securities Regulatory Commission). He also added that corporate bonds will help increase direct financing's share and improve the structure of financial products.

What do you think? Is this good or not?

Sep 18, 2007 01:51	#1
DREAMLIFE Points: Join Date: Sep 5, 2007 Status: Offline	Personally, I think it is good. It reflects that China's financial market becomes more mature. On the other hand, competition can make those domestic companies to seek innovation. However, the government should let those foreign instituations issue their bonds step by step and make sure that they will not hit the domestic capital market.

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