China Banks Halt Buying Free-Trade-Zone Bonds

The video discusses the bond market's growth since 2016, focusing on LGFVs using offshore debt channels due to cost advantages and less regulatory scrutiny. It highlights the challenges faced by issuers in refinancing and explores alternative markets like the dim sum bond market and US dollar bond market.

What has been the trend in the issuance of bonds by LGFVs since 2016?

Why are LGFVs choosing to issue bonds in the offshore market?

What are the implications of the cost differential between US dollar and onshore yuan for LGFVs?

How are big banks supporting LGFVs in their refinancing efforts?

What alternative channels are available for LGFVs to refinance their debt?