China’s Dollar Bond Market Sees Recovery Signs as Issuers Return

China’s dollar-bond market is seeing a return of big issuers, raising hopes that a market hit hard in recent years by the nation’s economic woes is reviving.

Chinese companies issued a combined $7.77 billion of dollar bonds in October, more than doubling from a year earlier, according to data compiled by Bloomberg.

The momentum has extended into this month, with Alibaba Group Holding Ltd. planning to issue such notes for the first time since 2021 and Fosun International Ltd. among issuers in November. Last week, China’s finance ministry also tapped the market for the first time in three years.

The ...