• SHARE

One of Asia’s oldest hedge funds, LIM Advisors, is picking up the distressed bonds of Chinese developers as fallout from China Evergrande Group deepens.

George Long, the firm’s founder and chief investment officer, said LIM has been snapping up a “little bit” of such debt but is staying away from bonds of Evergrande because of its complex structure, with both offshore and onshore securities and risks that can’t be gleaned from the balance sheet.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)