News Formal

Perpetual Motion: Chinese State Companies Fine-Tune Their Financial Engineering

  • 📰 WSJ
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Perpetual bonds offer China’s debt-laden state-backed companies a way to clean up the books without actually improving their finances

China’s bond market is hosting a battle of wills between the country’s leadership and lower-ranking officials and corporate bosses.

They are fighting over perpetual bonds, debtlike securities that lack a maturity date and technically never need to be repaid. Issuance has surged since the start of 2018, partly because state-backed companies see them as a way to hit Beijing-mandated debt-reduction targets without going through a painful restructuring or diluting government control.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

SenSchumer

sfpelosi

Irish sandwich reloaded

Sounds like the US economy

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 98. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

NXP invests in Chinese self-driving technology company HawkeyeDutch chipmaker NXP Semiconductors NV said on Wednesday that it has invested in ...
Källa: Reuters - 🏆 2. / 97 Läs mer »

Sanctioned Russian oligarch's company to invest millions in new aluminum plant in Mitch McConnell's stateMcConnell was among the advocates for lifting sanctions on Oleg Deripaska's company Rusal. Sigh. MRGA!
Källa: Newsweek - 🏆 468. / 52 Läs mer »