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: AFPChinese 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 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
Business /  Banking & Finance

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
Alison Tudor-Ackroyd
Alison Tudor-Ackroyd

Updated: 11:04pm, 13 Mar, 2020

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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: AFPChinese 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 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
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