RT Journal Article
SR Electronic
T1 Practical Applications of Investing in China’s High-Yield Debt Markets: <em>A Proposed Credit Analysis Framework</em>
JF Practical Applications
FD Institutional Investor Journals
SP 1
OP 4
DO 10.3905/pa.2015.3.1.107
VO 3
IS 1
A1 Jie Liu
A1 Frank J. Fabozzi
A1 Gauri Goyal
YR 2015
UL https://pm-research.com/content/3/1/1.3.abstract
AB Investing in China’s High-Yield Debt Markets: A Proposed Credit Analysis Framework Jie Liu Frank J Fabozzi Investors can find bargains in the Chinese high-yield bond market (US dollar-denominated securities that trade offshore). But, as the recent high-profile Sino-Forest bankruptcy clearly demonstrates, investors who fail to use a rigorous credit analysis process risk losing their shirts in this highly volatile and weaklyregulated market.In Investing in China’s High-Yield Debt Markets: A Proposed Credit Analysis Framework , presented in JPM’s Special China Issue , Jie Liu and Frank Fabozzi offer a new and rigorous framework, combining five credit metrics, to help investors find the most creditworthy investing opportunities in Chinese high-yield bonds.