HONG KONG -- Chinese banks are increasing their sales of bonds backed by bad debts, but the market's growth has yet to ease investor concerns about the quality of assets held by lenders in Asia's biggest economy.

Issuance of securities that promise investors the returns from non-performing loans in China rose 54% in 2023 from the previous year's level. (Nikkei montage/Source photos by Reuters)
Flurry of issuance fails to reassure investors worried about credit quality