Wednesday, October 21, 2020
Tags Debt equity swaps

Tag: Debt equity swaps

Debt-for-Equity Swaps Expected to Accelerate with New Policies in First Half

Industry insiders say the use of debt-for-equity swaps to advance China's state-owned enterprise reforms will accelerate in 2018, with a raft of new legislation...

Debt-Equity Swaps Still Leave Chinese Banks Exposed to Bad Loans

Analysts from Brussels-based economic think tank Bruegel say that China's use of debt-equity swaps to deleverage state-owned enterprises may simply be shifting bad loans...

PBOC Allows Write-offs/Equity Conversion of Bank Capital Supplementation Bonds

The Chinese central bank will allow banking sector financial institutions to write-off their capital supplementation bonds or convert them into equity, as part of...

State Council Stresses Debt-equity Swaps for Slashing Corporate Leverage

China's State Council has reiterated its commitment to the use of debt-equity swaps as a key tool for reducing high levels of corporate leverage,...

China Allows Banks to Support Debt Equity Swaps Via Private Equity Funds

Beijing has given the green-light to banks establishing private equity funds to support the debt-equity swap schemes designed bring succour to heavily indebted state-owned...

Debt-Equity Swap Agreements Exceed 1.3 Trillion Yuan a Year After Deleveraging Launch

A year following the launch of debt-equity swaps by the central government as a key vehicle for deleveraging of China's state-owned enterprises, the total...

SASAC Wants State-owned Enterprises to Use Asset Securitisation, Debt Swaps, IPO’s to Deleverage

The State-owned Assets Supervision and Administration Commission (SASAC) is encouraging China's central state-owned enterprises by cut debt levels and improve their capital structures via...

China’s Zombie State-owned Enterprises Benefit from Surge in Debt-Equity Swaps

Despite warnings from the central government China's zombie companies have emerged as key beneficiaries of the debt-equity swaps used to slash leverage levels across...

Big Five Banks Sign on for Debt-Equity Swaps Worth Over One Trillion Yuan

China's big five banks have signed on for debt-equity swap agreements worth over one trillion yuan (USD$149.87 billion), as regulators push for accelerated use...

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Chinese Central Bank Helps Crack Cross-border Gambling Case Involving Tether Stablecoin

The People's Bank of China (PBOC) has just helped local authorities in the Guangdong province city of Huizhou to crack a cross-border...

Chinese Central Bank’s Digital Currency Research Institute Enters Strategic Cooperation with China’s Rural Credit Clearing Centre

The Digital Currency Research Institute of the People's Bank of China (PBOC) has entered a strategic cooperative agreement with the Rural Credit...

Chinese Housing Prices Enter the “10,000 Yuan Era”

Domestic analysts say that the Chinese housing market has just seen average prices rise permanently above the threshold of 10,000 yuan (approx....

NDRC Is “Confident” Chinese Economy Will Meet Annual Targets for 2020, Says Employment Has Risen Nearly 9M Since Start of Year

China's National Development and Reform Commission (NDRC) says it is confident that the Chinese economy will satisfy the full-year targets set by...