Background: Central Huijin Investment Corporation auctioned seven-year bonds on China's interbank market Tuesday, at a coupon rate well below forecast. Full story >>
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For more we're joined by Chen Jiahe from Cinda Securities. Welcome Jiahe.
Q1. Why did Huijin choose bonds to raise funds?
Q2. To what extent will the funds raised by Huijin help improve its capital adequacy ratio?
Q3. Will this move lead to tighter liquidity on the markets, especially the bonds market?