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China Internet giants' bonds in demand

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Published Thu, Apr 7, 2016 · 09:50 PM

    Hong Kong

    CHINA'S Internet giants are providing a haven for bond investors fleeing mounting default risks among the nation's state-owned enterprises (SOEs).

    Investors are snapping up bonds from Alibaba Group Holding Ltd, Baidu Inc and Tencent Holdings Ltd, a bright spot in an economy growing at the slowest pace in a quarter-century.

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