Defaults, frauds and dodgy deals in China’s financial sector are piling up at a rapid rate. That’s an index of increasing stress, as growth slows and debt-servicing costs rise. Multiple interest-rat ...More
EJ Insight2016-04-06
A question often asked toward the end of the year is: what have we missed this year? Many Chinese companies missed quite a lot in 2015 -- it has become quite fashionable for a firm not to be able to l ...More
EJ Insight2015-12-31
A pig iron producer has become the seventh Chinese company to miss a bond payment this year in the domestic debt market. Sichuan Shengda Group Ltd. said missed a 21.75 million yuan (US$3.4 million) in ...More
EJ Insight2015-12-08
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
Cash-strapped Chinese companies are taking on record amounts of debt to repay interest on existing loans, raising the risk of defaults. As a result, policymakers are under added pressure to keep finan ...More
EJ Insight2015-11-20
After closing above 24,000 points Monday, investors spent Tuesday taking profit, putting selling pressure on the Hong Kong benchmark index. The Hang Seng Index fell 128 points, or 0.53 percent, to 23, ...More
EJ Insight2013-12-03
Cement plays starred Wednesday as Hong Kong stocks closed marginally higher, tracking gains in Shanghai. The Hang Seng Index added 0.55 percent to finish at 23,812 points. The Hang Seng China Enterpri ...More
EJ Insight2013-11-27
