![](http://cdn.i.haymarketmedia.asia/?n=finance-asia%2fcontent%2fchina-zhengtong-auto-dealership.jpg&h=410&w=728&q=75&v=5f99a4b43f&c=1)
Baoxin and Zhengtong failures dash hopes of high-yield bond revival
High-yield bonds for Baoxin Auto and China Zhengtong Auto are postponed as markets stall amid Greek woes, widening spreads and fears of a hard landing in China.
May 16, 2012