Bonds

State-Owned Developers Led China’s Real Estate Market in 2023

The top six home sellers last year were all state-owned or state-backed developers, according to a private real estate survey

2 months ago

China 2024 Budget Plans 3% GDP Outlay, Plus Special Bonds

The deficit is lower than 2023's revised 3.8% target, but the option to issue off-budget debt of $140 billion provides…

2 months ago

China Central Bank Set to Boost Liquidity, Poll Forecasts

The bulk of market analysts surveyed recently expect the People's Bank of China to boost liquidity and keep the one-year…

2 months ago

Country Garden to Gain $428m From Wanda Unit Stake Sale

Country Garden said the sale of its holding in mall operator Zhuhai Wanda Commercial Management to Wanda Group should bring…

2 months ago

Foreign Investors Turn to Asia Bonds as US Yields Dip

South Korean, Indian, Malaysian, Indonesian and Thai bonds had their biggest month since May in November, with offshore buyers spending…

2 months ago

China Evergrande Stock Jumps as Liquidation Hearing Put Off

Hong Kong court gives embattled developer a further 8 weeks to finalise a revamped debt restructuring proposal; judge says plan…

3 months ago

China’s Debt-laden Provinces Raise $21bn to Save Small Banks

Local governments have raised $21 billion via special bonds this year to boost the capital of small and mid-sized banks…

3 months ago

China Wealth Manager Zhongzhi Admits to $64 Billion in Liabilities

Zhongzhi sent a note of apology to investors on Wednesday, saying it had liabilities of up to $64 billion. This…

3 months ago

Japan’s Salaries Surge Could See BoJ Turn to Tightening

Another year of consistent wage growth would force the Bank of Japan to consider ending its controversial monetary stimulus

3 months ago

Japan to Drop Quarterly Reports for Listed Businesses – Nikkei

Lawmakers in Japan area debating a move to allow listed businesses to report twice a year instead of having to…

3 months ago

Hang Seng, Nikkei Lead Asian Stocks Higher on Soft US Inflation

Hong Kong’s Hang Seng Index saw its best day in four months, while the Nikkei rose 2.5% and most other…

3 months ago

China’s Top Bank Paid Ransom After Cyber Attack, Gang Says

Notorious hacking gang Lockbit claims the Industrial and Commercial Bank of China paid a ransom to resolve the attack on…

3 months ago