Chinese companies are seeking to alleviate a liquidity crunch to keep their business going or to repay maturing debt as the coronavirus pandemic locks them out of some key funding sources. Photo: AFP
Chinese tech giants and IPO hopefuls woo banks for loans as coronavirus shuts access to equity markets
- Xiaomi mulls syndicated loan and US dollar-denominated bond issue in 2020, people familiar said
- Lufax seals a three-year US$1.29 billion loan; Trip.com seeks US$1.2 billion loan
Topic |
IPO
Chinese companies are seeking to alleviate a liquidity crunch to keep their business going or to repay maturing debt as the coronavirus pandemic locks them out of some key funding sources. Photo: AFP