Finance
KKR, HSBC Talk Up China Opportunities After Lengthy Selloff
- HSBC’s Ho and KKR’s Richdale speak at event in Hong Kong
- HSBC sees billions flowing into India’s fixed-income markets
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KKR & Co. and HSBC Asset Management sounded an optimistic note on China even as global investors withdraw billions, underscoring signs of rebounding confidence in the world’s second-largest economy.
“We do think that China is investable,” said KKR executive Kate Richdale, speaking at a Bloomberg New Voices event in Hong Kong. “We continue to invest in China.”