Investors are overly pessimistic about the corporate bond market in mainland China despite the better returns it offers, according to Value Partners Group Ltd. (00806.HK). Chinese bond yields have a 3 ...More
EJ Insight2015-04-28
Baoding Tianwei Baobian Electric Co., a unit of China South Industries Group Corp., has become China's first state-owned company to default on domestic debt. The power-equipment manufacturer failed to ...More
EJ Insight2015-04-22
Troubled Chinese property developer Kaisa Group Holdings Ltd. said on Monday it will reappoint Kwok Ying-shing as chairman. His return could raise questions about whether an attempt to rescue the Shen ...More
EJ Insight2015-04-13
Sunac China Holdings Ltd. (01918.HK), which has proposed to acquire cash-strapped Kaisa Group Holdings Ltd. (01638.HK), is urging overseas creditors to reach consensus on a debt restructuring plan, th ...More
EJ Insight2015-03-25
Chinese property developer Kaisa Group Holdings Ltd. is seeking concessions from creditors on US$2.5 billion in offshore debt but stopped short of asking for a cut in the money owed. The company is in ...More
EJ Insight2015-03-09
Troubled Chinese property developer Kaisa Group Holdings Ltd. has asked its onshore creditors to restructure 47.97 billion yuan (US$7.65 billion) of debt by extending payment terms and reducing intere ...More
EJ Insight2015-03-04
Troubled Chinese property developer Kaisa Group Holdings Ltd. said its debt has reached US$10.4 billion, more than double the amount it previously disclosed, as it pressed foreign bond investors to re ...More
EJ Insight2015-02-17
There are two major risks when investing in bonds. First, market risk, which means any interest rate changes will affect bond prices. Second, credit risk. If the issuer goes bankrupt or shuts down, in ...More
EJ Insight2015-02-12
Troubled Chinese property developer Kaisa Group Holdings Ltd. (01638.HK) said it plans to start talks with lenders and bondholders with the goal of reaching a preliminary accord by the end of March. B ...More
EJ Insight2015-02-12
China is capable of dealing with capital outflow given its massive US$4 trillion foreign exchange reserve. It managed to stabilize the renminbi amid huge capital outflows in the last quarter of 2012. ...More
EJ Insight2015-02-10
Times Property Holdings Ltd. (01233.HK) said it will go ahead with its urban redevelopment projects in Guangdong province although similar projects of developer Kaisa Group Holdings Ltd. (01638.HK) we ...More
EJ Insight2015-02-09
Sunac China Holdings Ltd. has agreed to buy 49.3 percent of Kaisa Group Holdings Ltd. in an 11th-hour deal that staved off a default by the troubled developer on a bond interest payment. The deal co ...More
EJ Insight2015-02-05
Troubled Chinese property developer Kaisa Group Holdings said Monday its chief executive has resigned. Jin Zhigang has quit to devote more time for his "personal career development", but will remain a ...More
EJ Insight2015-02-02
Sunac China Holdings has agreed to buy some of the assets of troubled property developer Kaisa Group Holdings, in a deal worth about US$380 million. Sunac, a real-estate group based in Tainjin, will b ...More
EJ Insight2015-02-02
Chinese property developer Kaisa Group failed to convince Shenzhen officials to unblock sales of its projects during talks on Monday. Top executives of the troubled company held a meeting with Shenzhe ...More
EJ Insight2015-01-28
Chinese leaders are stepping up their efforts to unleash the growth momentum the private sector can provide. Premier Li Keqiang said at the World Economic Forum in Davos, Switzerland, last week that C ...More
EJ Insight2015-01-27
With the European Central Bank printing more money from mid-March, global funds are poised to exit Europe amid bearish sentiment on the euro. At the same time, the Chinese government faces a challenge ...More
EJ Insight2015-01-27
Sunac China Holdings Ltd. is looking into buying a stake in cash-strapped Kaisa Group Holdings Ltd. Kaisa is in talks with other parties and it is not clear if Tianjin-based Sunac is the frontrunner, ...More
EJ Insight2015-01-27
The number of Chinese companies filing for bankruptcy this year is expected to grow 5 percent to 2,760 after the apparent default of property developer Kaisa Group Holdings Ltd. (01638.HK), global tra ...More
EJ Insight2015-01-26
The Shenzhen government is holding talks with several property developers to orchestrate investments in troubled real estate firm Kaisa Group Holdings Ltd. (01638.HK), Bloomberg News reported, citing ...More
EJ Insight2015-01-23