Since mid-June, a bunch of Chinese companies have suspended or delayed their plans to issue short-term bills or medium-term notes in onshore interbank market, which analysts say reflects weak demand for corporate bonds.
On Tuesday, another four firms announced similar delays, with a total of 1.9 billion yuan of notes suspended from issuing from June 26 to June 30, according to filings published on the website of China's interbank clearing house Shanghai Clearing House.
These issuers explained in the filings that the pause was made due to under-subscriptions amid recent high volatility in the bonds market.
Market observers said demand for corporate bonds on the primary market was expected to improve in the coming months on eased short-term liquidity conditions.
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