Some bankers feel that there are still some chinks in the debt-to-equity swap programme that need to be ironed out. Photo: Bloomberg

ICBC signs debt-for-equity swaps with seven Chinese companies

State-owned lender scotches rumours on ending of debt-to-equity swaps, says AMC plans on track

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Some bankers feel that there are still some chinks in the debt-to-equity swap programme that need to be ironed out. Photo: Bloomberg
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Zheng Yangpeng

Zheng Yangpeng

Zheng Yangpeng is a business reporter at the Post, covering China property, banking and finance. He previously worked for China Daily, joining the Post in 2016. He holds a Bachelor's Degree in Journalism and Communication from Peking University, and a Master's Degree in Global Business Journalism from Tsinghua University.