Debt Financing

Suntech Power in talks with Wuxi government on bailout

Shi Zhengrong, chairman of Suntech Power Holdings. Photo: Bloomberg

Suntech Power, the mainland solar-panel maker with US$541 million in bonds due next month, is talking with the government of Wuxi about the possibility of financial support.

Thursday, 28 February, 2013, 5:02am

Association bullish on loan market

Association bullish on loan market

Coming off a gloomy couple of years, the Asia-Pacific Loan Market Association has a positive outlook on the global loan market, because of the impact emerging markets are expected to have on it.

1 Feb 2013 - 5:22am

Provincial debt won't be threat to the economy, says Standard & Poor's

LGFVs borrow on behalf of local governments and then fund infrastructure projects.

Local government debt will not pose a systemic risk to the Chinese economy in the next three to five years, according to a director at ratings service Standard & Poor's.

10 Dec 2012 - 12:18pm

Opponents of austerity are barking up the wrong tree

Greeks protest against cuts and expected lay-offs. Photo: AFP

Whenever I see television news footage of young Greeks or Spaniards protesting against public spending cuts, or hear an eminent economist railing against austerity measures in Britain or the US, I confess I have to scratch my head.

10 Dec 2012 - 3:32am 2 comments

Credit Suisse chief has high hopes for Asia

Despite the earthquake, tsunami and radiation crisis in Japan and monetary tightening policy in China, Credit Suisse chief executive Brady Dougan is optimistic about growth in Asia over the next five years.

28 Mar 2011 - 12:00am

HK banks agree extra minibond payouts

Sixteen Hong Kong banks have agreed on a joint proposal that could see investors in Lehman Brothers minibonds recover most of their original investments.

28 Mar 2011 - 12:00am

Lai See

Business as usual for financiers in Japan? Not likely...

17 Mar 2011 - 12:00am

Big four banks maintain loan target despite inflationary fears

The mainland's four largest banks expect to issue loans totalling nearly three trillion yuan (HK$3.55 trillion) this year - almost unchanged from last year - according to bankers with knowledge of the matter.

7 Mar 2011 - 12:00am

Critics want tougher rules after Lehman Brothers buy-back deal

Standard Chartered's decision to buy back Lehman Brothers-linked derivative products may have pleased affected investors, but critics have urged the government to keep a tighter rein on the city's banks to prevent any repeat of the incident.

3 Mar 2011 - 12:00am

StanChart in HK$1.48b Lehman buy-back

Standard Chartered will pay HK$1.48 billion to buy back the HK$2.19 billion worth of outstanding Lehman Brothers derivative products it sold.

The move marks a big step forward in resolving disputes over the sales of the soured investment products.

2 Mar 2011 - 12:00am

Hong Kong investors find Islamic bonds difficult to swallow

The spotlight is fixed on the Middle East as the people rise up against governments and attack regimes that once seemed unassailable. The riots also will do nothing to advance the cause of Islamic finance at a time when it is struggling to find a niche for itself.

22 Feb 2011 - 12:00am

Developers warned over debts

Mainland developers' appetite for high-yield debt could create headaches this year, according to rating agency Standard & Poor's.

S&P warned in a report yesterday further bond issuance could weaken the credit profiles of companies such Evergrande Real Estate Group and Country Garden Holdings.

16 Feb 2011 - 12:00am

What's on offer and what to look out for

While bonds are sold by banks in Hong Kong, investors can buy bond funds in the form of unit trusts through banks and through insurance plans. The mandatory pension fund also offers a range of bond funds.

30 Jan 2011 - 12:00am

E.ON deal to boost Li Ka-shing firms

Analysts said a proposed GBP3.5 billion (HK$43.6 billion) bid that Li Ka-shing is reportedly poised to make for Britain's second-largest electricity network would enhance the earnings of his companies.

The share price of Cheung Kong Infrastructure (CKI) rose 0.8 per cent to HK$49.65 yesterday, while Hongkong Electric rose 1.1 per cent to HK$37.20.

25 Jan 2011 - 12:00am

Legislators take officials to task for Hutchison listing in Singapore

Lawmakers will grill government officials next month on why Hong Kong lost out to Singapore in Hutchison Whampoa's multibillion-dollar trust listing plan.

20 Jan 2011 - 12:00am