| Qingdao City Construction Investment Group, 4.9% perp., USD (XS1288050104) |
| China Medical Technologies, 4% 15aug2013, USD (Conv.) (US169483AC88) |
| China Development Bank, 3% 1jun2026, USD (20) (XS1422334448) |
| China State Construction Engineering Corporation, 2.7% 14jun2021, USD (XS1430445210) |
| China Railway (CR), 3.9% 20dec2026, CNY (CND000000ZF4) |
| China Development Bank, 3.74% 10sep2025, CNY (CND100008S93) |
| China Aerospace Science & Technology Corporation, 4.95% 20mar2023, CNY (CND100006HP7) |
| China Minsheng Banking Corporation (Hong Kong Branch), 4.95% perp., USD (XS1527305608) |
| Huawei Investment & Holding, 4% 21feb2027, USD (XS1567423766) |
| Zhangshu Stateowned Assets Management Investment, 4.8% 22jun2023, CNY (CND100009ZK4) |
| Jungar Banner Stateowned Properties Investment&Management, 6.94% 10may2018, CNY (CND100009190) |
| Shui On Development Holding, 6.4% perp., USD (XS1632358112) |
| China Three Gorges, 3.39% 30aug2026, CNY (CND10000CPG0) |
| Beijing SPC Environment Protection Tech, 3.7% 31oct2021, CNY (CND10000C5K2) |
| Huaneng Guicheng Trust, FRN 26apr2019, CNY (CNM100002J81) |
| Shenzhen International Holdings, 3.95% perp., USD (XS1720499588) |
| Alibaba, 4.4% 6dec2057, USD (US01609WAW29) |
| China National Chemical Corporation, 3.85% 22dec2020, USD (XS1734558791) |
| Gangtai Group, 9.75% 23sep2019, USD (XS1793944569) |
| Jingrui Holdings, 9.45% 23apr2021, USD (XS1799928418) |
| State Grid Corporation of China, 2.125% 2may2030, EUR (6) (XS1810963659) |
| Bank of China (London Branch), FRN 7jun2021, USD (XS1830915572) |
| Greenland Holding Group, FRN 26sep2021, USD (XS1840467762) |
| Gotion High-tech, 6.5% 13apr2023, CNY (1) (CND10000LRW4) |
| CGNPC International, 3.875% 11sep2023, USD (XS1867406024) |
| Zhaojin Mining Industry, 5.5% 1mar2022, USD (XS1895500814) |
| China Evergrande Group, 10.5% 11apr2024, USD (XS1982040641) |
| Bilibili, 1.375% 1apr2026, USD (Conv.) (US090040AB26) |
| State Grid Corporation of China, 2.7% 17apr2024, HKD (XS1983378545) |
| State Development & Investment, 3.25% 21may2024, USD (XS1989704843) |
| State Development & Investment, 3.75% 21may2029, USD (XS1989705063) |
| Jinkosolar, 4.5% 1jun2024, USD (Conv.) (XS1993770780) |
| Geely, 0% 19jun2024, EUR (Conv.) (XS1933947951) |
| China Northern Industry (Norinco), 3.3% 5sep2021, CNY (CND100013945) |
| Weibo Corporation, 3.5% 5jul2024, USD (US948596AD39) |
| Powerlong Real Estate Holdings, 6.95% 23jul2023, USD (XS2030333384) |
| China Development Bank, 3.3% 1feb2024, CNY (CND10001YBB3) |
| Gangtai Group, 7.8% 26sep2022, CNY |
| Beijing Infrastructure Investment, 4.7% perp., CNY (CND10002LRX8) |
| Excellence Commercial Properties, 6.8% 15aug2022, USD (XS2035084925) |
| WuXi AppTec, 0% 17sep2024, USD (Conv.) (XS2045749798) |
| Country Garden Holdings, 6.15% 17sep2025, USD (XS2051371222) |
| Wuyi Mountains, 6% 27mar2024, USD (XS1960229455) |
| China National Nuclear Corporation, 3.97% 1nov2022, CNY (HK0000536729) |
| China Development Bank, 3.45% 20sep2029, CNY (CND10002GGR3) |
| Agricultural Development Bank of China (ADBC), 3.74% 12jul2029, CNY (CND10002D282) |
| Shanghai Electric Holdings Group Co, 2.65% 21nov2024, USD (XS2080763456) |
| Bank of China, 2.5% 5dec2024, USD (XS2083188701) |
| Tahoe Group, 11% 10dec2020, USD (XS2090920427) |
| China YuHua Education Corporation, 0.9% 27dec2024, HKD (Conv.) (XS2089158609) |
| CCB Trust, FRN 26apr2022, CNY (ABS) (CNM100004D44) |
| China Resources Trust, 4.98% 26jun2020, CNY (ABS) (CNM1000047F0) |
| Postal Savings Bank of China, 4.5% 24mar2027, CNY (CND100026C40) |
| China Industrial International Trust, FRN 23jan2037, CNY (ABS) (CNM1000049P5) |
| Dongtai Huimin Urbanization Construction Group, 5.37% 8mar2026, CNY (CND100023L59) |
| Laoting Investment Group, 7.5% 11apr2026, CNY (CND100027648) |
| Chengde State-Controlled Investment Group, 6.5% 2sep2026, CNY (CND10002FXH1) |
| Luoyang Xiyuan City Development Investment, 7.8% 29jan2026, CNY (CND10001XTW3) |
| Qingdao Metro Group, 5.2% perp., CNY (CND100027JL8) |
| Kaisa Group Holdings, 10.5% 15jan2025, USD (XS2101310196) |
| ICBC, 2.61% 27jun2024, NZD (R6) (NZICBDT009C3) |
| Longfor Group Holdings, 3.375% 13apr2027, USD (XS2098539815) |
| Central China Real Estate, 7.25% 16jul2024, USD (XS2102302200) |
| China Development Bank, 1.25% 21jan2023, GBP (XS2099267689) |
| Kaisa Group Holdings, 9.95% 23jul2025, USD (XS2106329134) |
| Fantasia Holdings Group, 10.875% 9jan2023, USD (XS2100005771) |
| Central China Real Estate, 6.875% 10feb2021, USD (XS2115155033) |
| Yiwu State-owned Capital Operation, 4% 18feb2025, USD (XS2114327302) |
| Bank of Communications (Hong Kong Branch), 3.15% 22mar2021, CNY (HK0000491438) |
| Bank of Tianjin, 3.73% 22jan2023, CNY (CND10002LL80) |
| China Development Bank, 4.05% 5mar2022, CNY |
| China Exim Bank, 3.23% 23mar2030, CNY (CND10002TD09) |
| ABC Financial Assets Investment, 2.75% 16mar2025, CNY (CND10002RX49) |
| Geely, 3.92% 9mar2025, CNY (CND10002RWG0) |
| Central Huijin Investment, 3.32% 21nov2022, CNY (CND10002J0Z2) |
| Shanghai Shimao, 4.24% 21oct2022, CNY (CND10002HL29) |
| China Huadian Corporation, 2.2% 19may2020, CNY (CND10002JBJ5) |
| Chongqing Machinery and Electronics Holding, 5.9% 17jun2020, CNY (CND10002HDN7) |
| Suizhou City Construction Comprehensive Development Investment, 4.79% 30mar2025, CNY (CND100033Q45) |
| Danyang Investment Group, 3.98% 13oct2020, CNY (CND100034MQ7) |
| Tencent Holdings, 1.81% 26jan2026, USD (18) (US88032XAT19) |
| China North Industries Group, 3.3% 8apr2021, CNY (CND1000133M5) |
| Xiangtan Urban & Rural Construction Development Group, 4% 2jun2023, USD (XS2053814229) |
| Ping An Trust, 7.5% 26nov2021, CNY (ABS) (CND100017TF0) |
| Xinjiang Production and Construction Corps (XPCC), 3.57% 29may2040, CNY (CND100038BR9) |
| Tianjin Infrastructure Constructing&Investment Group, 5.46% 23mar2021, CNY (CND1000161Q7) |
| Central China Real Estate, 7.65% 27aug2023, USD (XS2189387520) |
| Ronshine China Holdings, 7.35% 15dec2023, USD (XS2189303873) |
| Taiyuan Longcheng Development Investment, 3.7% 26jun2023, USD (XS2193067506) |
| China Exim Bank, 0% 12dec2020, CNY (183D) (CND100039ZN5) |
| Jinjiang Urban Construction Investment Development, 4.14% 21jun2022, CNY (CND10002H879) |
| Huadian Power International Corporation, 2.53% 13may2023, CNY (CND100037B48) |
| 3SBio, 0% 29jun2025, EUR (Conv.) (XS2183825681) |
| Golden Wheel Tiandi Holdings, 14.25% 9jan2023, USD (XS2199251823) |
| Sunac China Holdings, 6.5% 9jul2023, USD (XS2201937211) |
| Jinjiang Urban Construction Investment Development, 4.15% 29aug2024, CNY (CND10002FF03) |
| CCB Trust, 4.45% 26jun2031, CNY (ABS) (CNM100004S21) |
| CIFI Holdings (Group), 5.95% 20oct2025, USD (XS2205316941) |
| Suncowry, 2.69% 21apr2023, USD (HK0000555539) |
| CCB Trust, FRN 26sep2041, CNY (ABS) (CNM100004S39) |