Hong Kong’s Stressed Developers Start to Turn to Private Credit
Private credit lenders are circling distressed property developers in Hong Kong, with a record $23.4 billion of bank
2023-11-27 08:16
Chinese Property Bonds, Shares Jump on Funding Support Plan
Chinese developers’ bonds and shares gained after authorities began drafting a list of 50 real estate firms that
2023-11-21 10:54
PetroChina’s Profit Rises as Output Offsets Lower Oil Prices
PetroChina Co.’s profits rose 21% in the third quarter as increased output offset headwinds from lower oil prices
2023-10-30 17:46
Sinopec Profit Surges on Inventory Gains, Oil-Product Sales
China’s biggest oil refiner, Sinopec, posted a jump in third-quarter profit despite the nation’s stuttering economic recovery, helped
2023-10-27 11:22
Cnooc Profit Drops on Lower Oil Price Despite Rising Output
Cnooc Ltd.’s profit dropped in the third quarter due to lower oil prices as China’s sputtering economic recovery
2023-10-24 17:51
Asia Bank Margins to Dip as Rate Hikes Sink in, Bad Loans Grow
Lending margins will be in focus this week when Asia’s largest banks report earnings, amid peaking interest rates
2023-10-23 14:15
China Tells Gas Suppliers to Fill Storage Tanks Ahead of Winter
China’s regulator has asked its biggest state-owned natural gas suppliers to fill up storage facilities heading into the
2023-10-18 13:17
Hong Kong Home Prices to Slump Through 2024, Morgan Stanley Says
Morgan Stanley abandoned its “too optimistic” call for Hong Kong residential property values to rebound this year, and
2023-10-13 11:28
China Developers Slump Most Since December as Evergrande Weighs
Chinese property shares dived Monday, as sentiment took a hit after distressed developer China Evergrande Group scrapped its
2023-09-25 11:49
China’s Credit Wreck Exposes Governance Failings to the World
For Dhiraj Bajaj, the sudden twists and turns were unlike any he'd ever seen in his two decade
2023-09-07 07:45
Debt Crisis Threatens to Engulf China’s Surviving Developers
China’s housing crisis has engulfed the country’s private developers, producing record waves of defaults and leaving a shrinking
2023-09-05 06:46
Sinopec Profits Shrink as Economic Woes Weigh on Fuel Demand
Sinopec’s first-half profits shrank amid lower oil prices and fuel demand being weighed down by China’s sluggish economic
2023-08-27 16:55