Guangzhou Automobile Industry Group, Zhejiang Geely and Wanxiang Qianchao are among companies that have sold 8.2 billion yuan (HK$10.1 billion) of debt so far this year, compared with 2.5 billion...
- Mon
- Mar 4, 2013
- Updated: 12:57am
Trending topics
29 Jan 2013
Mainland companies are spending more than ever to service debt after their borrowing almost tripled over five years, prompting strategists to warn of rising default risk and a threat to economic...
18 Jan 2013
The recent debt issues by mainland developers in Hong Kong will not result in excessive supply and investors should still consider these high-yield bonds as an attractive asset class this year,...
16 Jan 2013
Japan's debt burden will become "more serious" as its government takes extra steps to stimulate growth in the world's third-biggest economy, according to an International Monetary Fund economist...
9 Jan 2013
Travel agency Smart Holiday closed its branches across the city yesterday after its licence was cancelled, leaving 1,900 travellers out of pocket.
Few people represent the extremes of Ireland's recent history more than Thomas McFeely.
The euro rose to a six-week high versus the dollar as a Greek offer to spend as much as 10 billion euros to buy back government securities eased concern the regions’ debt crisis is worsening.
The near non-stop capital raising by major Chinese banks is showing no sign of slowing, with China Construction Bank (
Anyone who fears that Washington's "pivot" towards the Pacific increases the risk of conflict between the United States and China is behind the times.
America and China are already at war....
3 comments
Beijing is getting increasingly nervous about the rapid build-up of debt in industries such as steel and power, as cooling demand and overcapacity cause delays in payments amid the slowest...
China Petroleum & Chemical (Sinopec) is being constrained in its quest to buy its parent's overseas assets.
Its high debt burden and tight cash flow amid adverse market conditions mean...
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