Companies listed or incorporated in Hong Kong have been involved in six corporate bond defaults out of more than 100 this year, the most since 2009. US companies were involved in 62 defaults, the Hong ...More
EJ Insight2015-12-07
Sunac China Holdings Ltd. (01918.HK) is seeking more acquisition opportunities in second-tier cities with its cash pile of 16.79 billion yuan (US$2.61 billion), chairman Sun Hongbin said. But in view ...More
EJ Insight2015-08-26
Shenzhen-based Kaisa Group Holdings Ltd. (01638.HK) named a young new chief executive in a management shuffle as its recently returned chairman appeared to consolidate his hold on the property develop ...More
EJ Insight2015-06-12
Shenzhen-based Kaisa Group Holdings Ltd. will see more volatility in its bond price after Sunac China Holdings Ltd. abandoned its proposed acquisition of the troubled property developer, an industry e ...More
EJ Insight2015-05-28
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
