Distressed debt funds on the hunt for cash-strapped Chinese companies. Photo: AFP Distressed debt funds on the hunt for cash-strapped Chinese companies. Photo: AFP
Distressed debt funds on the hunt for cash-strapped Chinese companies. Photo: AFP

‘Opportunity of a lifetime’ for distress investors as companies from HNA to China’s LVMH flounder and bad debts balloon

  • Bulk of China’s coronavirus-related NPLs to hit market in 2021-22, says debt investor ShoreVest
  • Buy quality and look before you leap, says junk bond king Michael Milken

Topic |   Dealing with debt
Distressed debt funds on the hunt for cash-strapped Chinese companies. Photo: AFP Distressed debt funds on the hunt for cash-strapped Chinese companies. Photo: AFP
Distressed debt funds on the hunt for cash-strapped Chinese companies. Photo: AFP
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