Wednesday, December 2, 2020
Tags Chinese bonds

Tag: Chinese bonds

State-owned Bond Defaulter Owes USD$5.1 Billion to Chinese and Foreign Creditors

A state-owned automaker who defaulted on a 1 billion yuan bond in October owes many billions more to multiple creditors in China...

Bank of Communications Completes First Offshore Issuance of Perpetual Bond by a Chinese Bank

Big state-owned lender Bank of Communications (BOCOM) has become the first Chinese bank to issue perpetual bonds offshore.

Chinese Commercial Banks Issue Nearly 600B Yuan in Tier-2 Capital bonds as Smaller Lenders Continue to Face Pressure

Commercial banks in China have stepped up efforts to replenish their capital levels via bond issuance since the start of 2020.

10 State-owned Enterprises with $15.7B in Outstanding Bonds Default on or Rollover Their Debt in Second Half: CITIC Analysts

A report from CITIC Securities says that default risk in relation to state-owned enterprise (SOE) debt has surged following booming growth in...

Financial Stability and Development Committee Warns of More Bond Defaults to Come Following Yongcheng Coal Debacle

One of China's top financial authorities says that further bond defaults will follow on the heels of Yongcheng Coal's failure to make...

China Issues Euro-denominated Sovereign Bond with First Negative Yield

China's Ministry of Finance (MOF) has announced the successful issuance of 4 billion euro in euro-denominated sovereign bonds, including the first sovereign...

Industrial Bank and Everbright Bank Under Investigation over Bond Default of State-owned Coal Enterprise Yongcheng

A trio of China's leading commercial banks will be investigated for their role in underwriting the bonds of Yongcheng Coal & Electricity...

Over $30 Billion in Special Bond Quotas Issued to Resolve Risk Problems of Smaller Chinese Banks

China has stepped up the issuance of special bonds as part of efforts to forestall risk amongst smaller regional banks.

Four New Registered Trustees Announced for China’s Interbank Bond Market

China has just seen the release of new list of interbank bond market trustees who have completed filing with domestic authorities. ...

China Sees Issuance of 6 Trillion Yuan in Bonds in August

The latest data from the Chinese central bank indicates that China saw the issuance of nearly 6 trillion yuan (approx. USD$884.15 billion)....

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China Eclipses US as Leading Overseas Market for Asia-Pacific Companies: HSBC Survey

A survey from HSBC indicates that China has edged out the US as the biggest foreign market for firms located in the...

Strategist Advises Investors to Raise Chinese Portfolio Allocations to 20% in Preparation for “New World Order”

A Singapore-based investment strategist recommends lifting Chinese assets to around 20% of portfolios during the course of the 2020's, in order to...

State-owned Bond Defaulter Owes USD$5.1 Billion to Chinese and Foreign Creditors

A state-owned automaker who defaulted on a 1 billion yuan bond in October owes many billions more to multiple creditors in China...

Meituan Posts 364.6% Profit Growth in Third Quarter of 2020

Online shopping giant Meituan-Dianping has posted a strong performance in the third quarter of 2020 as China's economy continues to convalesce from...