Focusing on a rapidly growing corner of finance has proved lucrative for one Hong Kong-based bond trader
A UBS Group AG trader is winning big in the booming market for junk bonds issued by Chinese companies.
Hong Kong-based Kelvin Zhao has made the Swiss bank nearly $30 million this year, people familiar with the matter said. He has become one of the biggest traders in a corner of finance that has grown rapidly: dollar bonds from Chinese borrowers...
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