Bondholders Wager Huawei Will Withstand American Onslaught

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Bondholders Wager Huawei Will Withstand American Onslaught
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Investors are demanding higher returns to hold Huawei’s bonds, but they don’t think the debt is particularly risky

Debt investors bet Huawei will survive pressure from the U.S. and elsewhere, possibly with the help of the Chinese government

While U.S. security officials have openly targeted Huawei’s operations in the airwaves, they have been less vocal about another potential security threat: its undersea cables. Experts say in theory these cables could enable China to spy. Photo: George Downs/The Wall Street Journal

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