Sunday, July 24, 2011

List of Chinese (offshore) High Yield Bond Issuers

Below is a fairly complete list of Chinese high yield bond issuers - most of them have publicly listed equities. Once again, Chinese high yield issuers have a tendency to be fraudulent (as I explained here and here). Not all of them are fraudulent (CITIC Pacific is probably 'ok' given their state-owned affiliation), but there is a long history of blow-ups and acknowledged frauds, such as Sino-Forest, China Forestry, Asia Aluminum, Chaoda Modern, Evergrande, etc.

Investors are forewarned.

China Offshore High Yield List:
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Agile Property
Central China Real Estate
Chaoda Modern
China Fisheries
China Forestry
China Lumena New Materials
China Oriental
China Property
China SCE
China South City
CITIC Pacific
CITIC Resources
Coastal Greenland
Country Garden
Evergrande Real Estate
Fosun Int'l
Franshion Properties
Fufeng Group
Giti Tire
Glorious Property
Greentown China
Guangzhou R&F
Hidili Industry
Hopson Development
Kaisa Group
KWG Property
Lai Fung
LDK Solar
Liansu Group
Longfor Properties
Lonkin Holdings
Melco Gaming
MIE Holdings
Neo China
Pacnet
Powerlong
Renhe Commercial
Road King
Shanghai Zendai
Shanshui Cement
Shimao Property
Sino-Forest
Sino-Ocean Land
SPG Land
SRE Group
Texhong Textile
Titan Petrochem
West China Cement
Winsway Coking
Yanlord Land
Yuzhou Properties

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