Bonds

A Cathay Pacific cargo craft flies over Hong Kong International Airport. The coronavirus pandemic left 92 of the carrier's passenger planes parked in Australia and Spain.
Companies

Cathay Pacific nabs $650m on first US dollar bond since 1996

Hong Kong carrier's offering attracts bids worth about $1.5bn

11 May 2021
Analysts and investors believe the Chinese government would bail out bad debt manager Huarong if necessary to prevent a crisis in the nation's $50 trillion financial system.
China debt crunch

China's Huarong to miss second results deadline

Bonds slip as investors question financial health of bad debt manager

26 April 2021
Huarong has arranged funds to pay back a SG$600 million bond due April 27, two people told Nikkei Asia.
China debt crunch

China's Huarong eases debt fears with bond payments

Prices of outstanding issues rebound after regulator offers reassurance

19 April 2021
Tencent Holdings and 33 other internet companies were told Tuesday to rectify their behavior in light of the $2.8 billion fine given to  Alibaba.
Bonds

Tencent opens $4bn bond sale amid China debt market turmoil

Issue comes as internet platforms pressured over anti-competitive practices

15 April 2021
SPAC, Cryptocurrency, and CLO booms rise warning stage all over the world.(Source photo by Reuters)
Datawatch

Investors rush into high-risk assets in easy credit environment

Vast liquidity released by central banks flowing into shadow banking sector

13 April 2021
A board shows the length and annual yield rates of financial products outside a shop in Shanghai: Beijing is dedicated to making China's debt capital markets more mature.
Opinion

Cheer up China naysayers, bond defaults have benefits too

Markets are all about differentiation between the strong and the weak

25 March 2021
Narendra Modi addresses a public rally in Kolkata on Mar. 7: the Prime Minister's leadership gives debt-market skeptics ample ammunition.
Opinion

India's brawl with debt vigilantes tells bigger story

Underlying cracks in the country's microeconomy are worrying foreign investors

15 March 2021
Speculative money is pouring into cryptocurrencies and auctions of luxury goods. (Source photo by Reuters)
Datawatch

From wine to Chinese medicine, risk of bubbles rises globally

Indicators show overheating potential higher than dot-com bubble or financial crisis

7 March 2021
The SGX Center: The Singapore and Hong Kong stock exchanges are still working out how to regulate SPACs, which have drawn a flood of investor cash in the U.S.
Finance

Singapore's Temasek and SGX join forces to tap blockchain tech

City-state moves to expedite issuance and settlement of financial offerings

22 January 2021
Until late last year, many investors viewed the bonds of Chinese state-owned companies as little riskier than that of the state itself. But 2020 proved them wrong.
China debt crunch

Foreign investors shun corporate bonds in frenzy for Chinese debt

Holdings soar 54% to $445bn with focus on government securities

8 January 2021
China's largest e-commerce company is set to market at least $5 billion in bonds of varying durations that would be fixed after further discussion with prospective investors.
China tech

Under government pressure, Alibaba seeks up to $8bn from bond sale

Chinese internet company's shares down 23% since Beijing halted Ant Group IPO

6 January 2021
The failure of Yongcheng Coal & Electricity Holding Group to redeem a 1 billion yuan bond has helped touch off tremors in China's domestic debt market. 
China debt crunch

Chinese regulator suspends rating agency over Yongcheng default

Moody's-backed Chengxin not allowed to score debt issues for 3 months

29 December 2020
A swath of failures to repay principal or interest on outstanding bonds has sent this year's Chinese corporate default total to a record $25 billion and raised concerns in Shanghai of a looming debt crisis.
China debt crunch

China debt fears grow amid wave of corporate defaults

Beijing wants to cut risk and end notion that state will always rescue investors

23 December 2020
Tsinghua Unigroup, a chipmaker backed by Tsinghua University, has faced investor skepticism over its finances for more than a year.
Opinion

China's local government debts should be the real worry

Beijing can cope with coming credit crunch if it loosens grip on markets

19 December 2020
Shares of SMCP, the French owner of Sandro, rose Monday even as parent company Shandong Ruyi failed to redeem a domestic Chinese bond. 
China debt crunch

Chinese fashion group Shandong Ruyi fails to repay $153m bond

Underwriter calls on company to talk to and repay investors

14 December 2020
A Bally store in Switzerland. Shandong Ruyi Technology Group said it was buying the brand in 2018, but Bally owner JAB Holding has confirmed the deal did not go through.
China debt crunch

Debt doubts surround Chinese fashion group Shandong Ruyi

Deal to buy Bally officially dead as company faces bond repayment deadline Monday

14 December 2020
Tsinghua Unigroup is majority owned by Beijing science and engineering school Tsinghua University, the alma mater of Chinese President Xi Jinping.
China debt crunch

Chinese chipmaker Tsinghua Unigroup faces Thursday bond deadline

Concern among investors rises after company warns of payment risks

9 December 2020
The defaults of Brilliance Auto and Yongcheng have triggered a corporate bond sell-off, piling 60 billion yuan ($9.15 billion) worth of losses onto investors, according to a brokerage estimate.
Caixin

Bond defaults show bailouts over for China's state-owned enterprises

'Once the SOEs default their debt, it would turn the market upside down'

24 November 2020
China's bonds have lured yield-hungry investors who have focused on the nation's economic recovery. (Source photos by Reuters) 
Bonds

China sells bonds at a negative rate for the first time

Strong investor interest as 4bn-euro issue attracts bids worth 17bn euros

19 November 2020
Chairman Xu Jiayin, who has already turned China Evergrande Group into China's largest property developer, has been adding more debt on a quest to also make it the world's biggest producer of electric vehicles. 
Property

China Evergrande shares and bonds slide amid debt deadline fears

Country's largest developer said to seek state help for restructuring plan

25 September 2020
The yields on offer are too attractive to forgo.
Opinion

The ethics storm brewing over Chinese government bonds

Alluring returns come at cost of facilitating Beijing's repression

25 September 2020
The SGX Centre in Singapore: The city-state's stock exchange regulator is tightening rules for auditors at locally listed companies in hopes of reducing accounting and governance missteps.
Markets

Fund to invest purely in China government bonds debuts in Singapore

ETF to let investors tap Chinese onshore bond markets using new fund structure

21 September 2020
Xiaomi is looking to increase its investment in countries such as Ukraine to keep its market share rising.
China tech

China's Xiaomi seeks up to $1bn with first international bond

Smartphone maker takes advantage of revived market to raise expansion funds

20 April 2020
HNA Group's headquarters in Haikou: The Chinese conglomerate is juggling a huge debt burden.
Transportation

HNA at point of 'life or death' as coronavirus dims revival hopes

Bond repayments loom while asset sales and aviation business stall

18 April 2020
Baidu is expected to use the proceeds to get around China's capital outflow controls and redeem offshore bonds.
China tech

Baidu braves market tumult with bond issuance

China internet search company's plan hits as market activity quietly resumes

1 April 2020