Cash-strapped builders and other state-owned enterprises could add to bond delinquencies in the second half of 2021, analysts say. Photo: Reuters Cash-strapped builders and other state-owned enterprises could add to bond delinquencies in the second half of 2021, analysts say. Photo: Reuters
Cash-strapped builders and other state-owned enterprises could add to bond delinquencies in the second half of 2021, analysts say. Photo: Reuters

Cracks in China’s onshore credit market to widen on tighter leverage, slowdown risks

  • Bonds with a total face value of 99 billion yuan became overdue in the first half, a 35 per cent jump from a year earlier: Wind Information
  • Banking sources say lenders are trying to avoid writing new unsecured loans to indebted developers following official guidance

Topic |   Banking & Finance
Cash-strapped builders and other state-owned enterprises could add to bond delinquencies in the second half of 2021, analysts say. Photo: Reuters Cash-strapped builders and other state-owned enterprises could add to bond delinquencies in the second half of 2021, analysts say. Photo: Reuters
Cash-strapped builders and other state-owned enterprises could add to bond delinquencies in the second half of 2021, analysts say. Photo: Reuters
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