Copying and distributing are prohibited without permission of the publisher
China banks may be forced to sell bond holdings
April 27, 2012
From Anita Davis
New regulation that caps the percentage that banks can hold in bonds they have underwritten may force a sell-off in the market, and lead banks to rethink their approach to their underwriting business.
Mainland banks may soon be forced to jettison their investments in the corporate bonds where they have been the underwriter following a new regulation that puts a cap on the amount that they can hold.
The China Banking Regulatory Commission...
This content is only available to Asiamoney PLUS subscribers or trialists.
If you have a username and password, you can login here.
Otherwise, please take a free trial or subscribe for unrestricted access.
Subscribe
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.
Subscribe now
Free trial
Taking a free trial will give you access to the last 30-days of content (excluding some polls & awards articles), for two weeks. Start your trial today.
Free Trial