Money market funds have so far failed to find favour with treasurers, except in China. A new product in Hong Kong could change all that – if high fees don't get in the way.
China has been pushing for more Panda issuance, and a Hong Kong-listed water supply company has delivered despite not holding the top credit rating. It explains how and why.
For treasurers with businesses in China, HNA’s liquidity squeeze is a signal lesson in how bad it can get. The affair stands to influence the whole banking sector’s non-performing loans.