UBS Trader Hits Pay Dirt With Chinese Junk Debt

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UBS Trader Hits Pay Dirt With Chinese Junk Debt

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 t…
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