China’s Companies Find Ways to Avoid Bond Blowups

  • 📰 WSJ
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Some Chinese companies are maneuvering to avoid bond defaults—asking creditors to wait longer for repayment or forgo the right to redeem bonds early

Chinese companies are avoiding or minimizing bond defaults, even as the economy shrinks for the first time in decades.

China’s domestic corporate-bond market is one of the world’s largest, with a total face value of about $5.1 trillion, according to Wind. Yet while there have been defaults recently, the shock of the coronavirus pandemic hasn’t produced anything to rival high-profile U.S. collapses such as Hertz Global Holdings Inc.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

edwincwc We must ban all China companies from all exchanges worldwide.

BoscoWo42122490 Creditors: why should I wait longer? China has 3 Trillion USD foreign reserves. How come it will default?

Is the debt in Yuan Then you can add it to the Bubble That Never Pops Tomorlik

CCPChina is a regime that doesn't honor agreements or follow rules! It violated an international agreement with UK on HK's autonomy. How can you expect companies from a thuggish country to follow rules? BoycottChina

Bloomberg Still Selling Junk 🇨🇳Chinese Bonds to 🇺🇸 investors through its Bloomberg Barclays Indices ! 😡 STOP FUNDING CHINA , STOP CHEATING 🇺🇸 investors , MikeBloomberg !!! realDonaldTrump SecPompeo TomCottonAR SenRickScott marcorubio OANN

Boycott China

Please play this video. Everyone in the world help me😭 lookgentle

Investors don’t ever invest in China anymore. As usual, China’s Regime wouldn’t honor signed contractual terms when it came to the crunch. Europe should join hands & become powerful against China’s Regime, protecting your wealth & land.

Since when harvard started offering jobs of teaching to terrorists/terror supporters like Nidhi. Unfortunate that this is happening right under nose of CIA FBI StateDept POTUS MoneyLaunder's entering main stream of USA. nytimes washingtonpost thehill ABC TIME UN

Pay up of brankrupt.

Considering the debt traps that the evil CCP has been setting in Africa, this is rich. lol!

Этому можно верить?

BreakingNews :- U.S. Navy test shows 60% of carrier crew have coronavirus antibodies....COVID19

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

4 ways to avoid buying a 'dream home' that's actually a financial nightmareWhen house hunting, doing some detective work can ensure your investment is a good one. Here are four ways to check if the home you want has problems. You got to have a GOOD ad that really fitting with your TARGETED Demography🎯 Marketing and advertising for Local BUSINESS is a Digital Marketing Company to promote your business♥ We will be happy to work with you ♥ Schedule a strategy session♥
Source: USATODAY - 🏆 100. / 63 Read more »

China curbs high-yield structured deposits by companies: sourcesChina's banking and insurance watchdog is telling banks to scale back on high-yield structured deposits marketed to companies, three sources told Reuters on Wednesday, seeking to redivert funds to real economic activity.
Source: Reuters - 🏆 2. / 97 Read more »