JPMorgan proposes new Asia credit index with lower China weightingon February 28, 2023 at 3:57 pm

Sources exclusively tell Reuters that JPMorgan (JPM.N) is proposing a new Asia credit index with slashed China weighting – in parallel to its existing $85 billion Asia credit index – amid growing geopolitical tensions and dimming appetite for Chinese property bonds. For the new index, JPMorgan has suggested the weighting of China be cut to close to 30%, compared to a level of about 43% in its existing JPMorgan Asia credit index (.JPMACI) (JACI) where China is the largest component. 

The post <strong>JPMorgan proposes new Asia credit index with lower China weighting</strong> appeared first on Reuters News Agency.

Some of the links in this article are "affiliate links", a link with a special tracking code. This means if you click on an affiliate link and purchase the item, we will receive an affiliate commission. The price of the item is the same whether it is an affiliate link or not. Regardless, we only recommend products or services we believe will add value to our readers. By using the affiliate links, you are helping support our Website, and we genuinely appreciate your support.

Comments are closed.

Powered by WordPress.com.

Up ↑

Expat Life-Off Trek Asia
%d bloggers like this: