Trading desk comments 交易台市场观点 Yesterday, Asia IG space widened 3-7bps across the board as US-China tension escalated. We saw better selling on TW lifers FUBON 35/SHIKON 35, China TMTs BABA/MEITUA, Japanese banks fixed bonds and FRNs, and Southeast Asian names SIASP/OCBCSP 35/TOPTB/CBKIN/HDFCB. FAEACO 12.814 Perp was 0.1pt lower. See our comments on FAEACO yesterday. NWDEVLs/LIFUNGs/FOSUNI 26-29s leaked 0.2-0.7pt. CWAHK 4.85 05/18/26 was 0.1pt lower. See comments below on CWAHK's proposed 5NC3 blue bonds. In ...