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(Bloomberg) -- Asia’s high-yield bonds posted positive returns for a third month in January, in a sign investors see opportunity in speculative-grade firms despite the turmoil in China’s property sector. Most Read from BloombergTrump Risks Losing More Than Half of Swing-State Voters If Found GuiltyMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneHouse Passes $78 Billion Business, Child Tax Break BillS&P 500 Has Its Worst Fed-Decision Day Since March: Markets WrapDeutsche

Other group companies – including Adani Transmission, Adani Green Energy, Adani Power, Adani Wilmar – hit their respective lower circuits as the selling pressure in Adani stocks intensified.

India's Adani group shares sank on Thursday after it abandoned its flagship company's $2.5 billion stock offering, swelling the conglomerate's market losses to more than $100 billion and sparking

Bond fund managers with strategies focused on Asian high-yield issuers have switched to cash and other non-China assets after suffering huge losses in China's corporate bond market.

China’s real estate sector has been hit by a debt crisis as Evergrande’s cash crunch came to a head. Residential sales plunged alongside home buyer...