Lianhe Global on Bloomberg News

(October 22, 2018 Bloomberg News) Surging offshore bond sales from Chinese borrowers are prompting another rating firm from the country to start assessing such securities.

Lianhe Ratings Global Ltd., an affiliate of the nation’s second-biggest ratings company, is focusing on local government financing vehicles and real estate developers at the start of its expansion, Chief Executive Officer Stan Ho said in an interview in Hong Kong. LGFVs, which help build the nation’s towns and cities, have increased dollar offerings amid lingering perceptions of state support.

(Extract from Bloomberg: CLICK HERE)