(Oct 29): China’s technology ambitions are at the epicentre of the nation’s trade dispute with the US. Not that you’d know it from the bond market.

Credit investors who bought Chinese tech debt at the start of the year are sitting on a 13% return, more than any other sector, Bank of America Merrill Lynch indexes show. Industry titans from JD.com, Inc. to Tencent Holdings Ltd. and Sunny Optical Technology Group Co. are in favour with US$192 billion ($262 billion) Swiss asset manager Pictet Asset Management Ltd.

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