Corporate delinquencies surged to a record high of 153.5 billion yuan last year, up from 117.1 billion in 2018, according to Wind data. Photo: Xu Jingbo/SIPA Asia via ZUMA Wir

Expected surge in Chinese company defaults will spur restructuring demand as funds gear up to swoop on distressed assets, says A&M advisor

  • Corporate delinquencies climbed to a record high of 153.5 billion yuan (US$22 billion) last year, up from 117.1 billion in 2018, according to Wind data
  • As China’s economic growth slows, more companies are likely to run into liquidity problems, while corporate earnings and cash flow are weakening, says A&M’s Ron Thompson
Topic |   Bonds

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Corporate delinquencies surged to a record high of 153.5 billion yuan last year, up from 117.1 billion in 2018, according to Wind data. Photo: Xu Jingbo/SIPA Asia via ZUMA Wir
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