Asia is home to 33 million high-net-worth individuals and it is this growing population of rich and affluent people that has been driving the demand for many of the bonds that have priced this year across the region. This has especially been the case in China, Hong Kong and India.
A list of borrowers that have attracted a strong response from these high-net-worth individuals HNWI include Bank of East Asia, Kaisa Group, KWG Property Holdings, PCCW, Union Bank of India and Yanlord Property just to name a few. To add a little bit more colour to the picture, out of the combined $2.55 billion of debt issued by these six borrowers,...
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