Eight out of 10 mainland firms last year reported payments delinquency by customers, higher than the Asia average of 70 per cent. Photo: AFP Eight out of 10 mainland firms last year reported payments delinquency by customers, higher than the Asia average of 70 per cent. Photo: AFP
Eight out of 10 mainland firms last year reported payments delinquency by customers, higher than the Asia average of 70 per cent. Photo: AFP

Corporate insolvency in mainland, Hong Kong seen rising this year

Official mainland insolvency numbers to increase 5pc this year after four years of steady decline, while bankruptcies in HK the highest since 2010

Eight out of 10 mainland firms last year reported payments delinquency by customers, higher than the Asia average of 70 per cent. Photo: AFP Eight out of 10 mainland firms last year reported payments delinquency by customers, higher than the Asia average of 70 per cent. Photo: AFP
Eight out of 10 mainland firms last year reported payments delinquency by customers, higher than the Asia average of 70 per cent. Photo: AFP
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