Source: tradingeconomics.com
Here is a chart on China interest rates. The base interest rate is nearly 5%. To operate in China and borrow money, the cost is high. Perhaps that is why they would prefer to do rights issue according to Nick.
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Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
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Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Insurance Start-up Havend. All opinions on Investment Moats are his own and does not represent the views of Providend.
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You can read more about Kyith here.
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