Business
BlackRock and HSBC funds boosted Evergrande holdings as crisis loomed – The Australian Financial Review
BlackRock in August bought up five different Evergrande dollar bonds through one of its high-yield funds.
Numerous investors are likely to have at least some exposure to Evergrande, as its bonds are a large component of indices that track dollar-denominated Asian company debt. The groups debt traded on offshore markets accounts for only a small proportion of…
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