Chinese companies rush to tap convertible bond market

Q: How long will it take to read this news story?

The story "Chinese companies rush to tap convertible bond market" has 859 words across 28 sentences, which will take approximately 4 - 8 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Chinese companies rush to tap convertible bond market" was covered 12 hours ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 9 news stories per day. It's most recent story was published 15 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23911814</li><li>URL: https://beamstart.com/news/chinese-companies-rush-to-tap-17327611686073</li></ul>

Financial Times 12h ago

Chinese companies rush to tap convertible bond market - Financial Times

Quick Summary:

Another key driver of issuance by mainland Chinese companies is to hold cash offshore, at a time when mainland regulators are making it tougher to move money outside the country.

Companies are able to raise money as much as 4 percentage points cheaper using convertibles compared with conventional dollar bonds, according to Chan.

Beijing has been eager to revive domestic equity markets and has unveiled a tool to lend money to Chinese companies to encourage share buybacks.