Tuesday, January 26, 2021
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 tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...

Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...

Chinese Banks See Net Profits Decline 1.8% in 2020

China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....

Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...