The $18bn worth of sustainable finance instruments floated in the nation last year marked a retreat from previous highs but, with most of the bonds issued from July onwards, the recovery is under way, …
FINANCE
Huarong Mess Shows China’s Need for U.S.-Style Financial Reform
Drama around the future of one of China’s biggest bad-debt managers is highlighting the urgent need for the country to simplify oversight of its financial system.
China reportedly set to announce its first decline in population since 1949
Financial Times says latest census figures are expected to show nation’s population slipping to less than 1.4 billion.
China’s Economic Divide Between North and South Is Set to Widen
The economic divide between China’s prospering southern regions and lagging northern areas will continue to widen in coming years, with huge implications for growth, debt and policy making, according …
China To Finance Coal Plants Abroad Despite Carbon Pledge At Home
China will press ahead with its multi-billion-dollar financing of coal plants in developing countries, a top climate official said Tuesday, despite Beijing’s stated aim of slashing carbon emissions.
China’s economy projected to grow at 8%
The growth rate of China’s gross domestic product is expected to stand at around 8 percent in 2021, showing a trend of “faster first and slower second”, according a report on China’s 2020 finance …
Srei Equipment Finance receives EoI for capital infusion
Srei Equipment Finance Limited (SEFL) has received an Expression of Interest (EoI) for capital infusion from Cerberus Global Investments B.V.
Fitch Downgrades China Huarong Financial Leasing to ‘BBB-‘; Maintains RWN
Fitch Ratings has downgraded China Huarong Financial Leasing Co., Ltd.’s (Huarong Financial Leasing) Long-Term Is …
Fitch Rates Guangzhou Finance Holdings’ Proposed USD Bond ‘A-‘
The proposed bonds are to be issued by GZFH’s wholly owned subsidiary, Guang Ying Investment Limited, and will be unconditionally and irrevocably guaranteed by GZFH. The proposed guaranteed bonds will …
China’s Huarong suffers first debt downgrade after bond sell-off
Huarong Asset Management, China’s biggest distressed debt investor, has suffered its first credit rating downgrade by an international agency weeks into a brutal sell-off in the under-pressure group’s …
China Huarong Cut by Fitch on Doubts Over Beijing Support
China Huarong Asset Management Co. had its credit rating cut to the lowest investment grade by Fitch Ratings, which said further downgrades are possible if Chinese authorities continue to withhold …
China Huarong Downgraded by Fitch on Doubts Over Beijing Support
China Huarong Asset Management Co. had its credit rating cut to the lowest investment grade by Fitch Ratings, which said further downgrades are possible if Chinese authorities continue to withhold …
China’s small-and-medium enterprise sector has been fragile: Partners Financial
Ronald Wan of Partners Financial Holdings says although China’s market is on the right direction, investors should still watch its SME sector which sees “sluggish” growth and potential liquidity …
