China / HK Blue-Chip IG
A-/A3+ China and Hong Kong issuers with large benchmark issues.
This curated screen focuses on A/A3+ rated bluechip issuers from China and Hong Kong, offering institutional fixedincome investors highgrade credit exposure coupled with compelling absolute yields across benchmark USD issues. Shortdated maturities present notable tactical anomalies, highlighted by the SFHOLD Nov 2026 trading at a striking 10.913% YTW and the BOCGRI Nov 2026 offering an attractive 8.446% YTW despite robust underlying credit profiles. Across longer durations, premier names like Tencent, Alibaba, and AIA deliver yields clustering in the mid6% range—such as TENCNT 2046 at 6.488% and AIA 2054 at 6.576%—providing durable income and duration extension opportunities for coreplus portfolios.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | SF Holding Investment 2021 Ltd. | …3011 | 2.375 | 10.913 | 99.66475 | 2026-11-17 | A- | USD | 800MM | |
| 2 | Amipeace Ltd. | …5006 | 1.75 | 8.446 | 99.887375 | 2026-11-09 | Inv Grade 3 | USD | 600MM | |
| 3 | Prudential Funding Asia PLC | …0514 | 6.875 | 6.636 | 101.70475 | 2036-11-03 | 2036-08-03 | A- | USD | 850MM |
| 4 | AIA Group Ltd, Hong Kong | …AS26 | 5.4 | 6.576 | 85.055 | 2054-09-30 | 2054-03-30 | A | USD | 750MM |
| 5 | Tencent Holdings Ltd. | …BF06 | 5.6 | 6.488 | 90.2126458 | 2046-06-16 | 2045-12-16 | A+ | USD | 700MM |
| 6 | AIA Group Ltd, Hong Kong | …AK99 | 3.2 | 6.462 | 70.415 | 2040-09-16 | 2040-03-16 | A+ | USD | 1.75BN |
| 7 | China Overseas Finance (Cayman) II Ltd. | …7881 | 6.375 | 6.461 | 99.1153334 | 2043-10-29 | A- | USD | 500MM | |
| 8 | Alibaba Group Holding Ltd. | …BA99 | 3.25 | 6.444 | 56.0699239 | 2061-02-09 | 2060-08-09 | A+ | USD | 1BN |
| 9 | Alibaba Group Holding Ltd. | …AW29 | 4.4 | 6.442 | 72.708087 | 2057-12-06 | 2057-06-06 | A+ | USD | 1BN |
| 10 | Alibaba Group Holding Ltd. | …AZ59 | 3.15 | 6.431 | 59.9597718 | 2051-02-09 | 2050-08-09 | A+ | USD | 1.5BN |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.