CreditSights’ Zeng on Alibaba Earnings Outlook Bloomberg CreditSights’ Zeng on Alibaba Earnings Outlook Zerlina Zeng, senior credit analyst for CreditSights, discusses why Alibaba is one of her top…Siobhan HodsonAugust 10, 2023
World’s onetime youngest female billionaire sees wealth plunge 82% as default risks grow Forbes World’s onetime youngest female billionaire sees wealth plunge 82% as default risks grow "Country Garden's ability to pay remains very uncertain at this point," says Nicholas Chen, a…Siobhan HodsonAugust 10, 2023
Another Chinese developer teeters, raising worries about the economy New York Times Another Chinese developer teeters, raising worries about the economy Remember China Evergrande, that Chinese real estate behemoth whose mountain of debt sent global markets…Siobhan HodsonAugust 10, 2023
Muni-bond auctions are disappearing as volatility rattles market Bloomberg Law Muni-bond auctions are disappearing as volatility rattles market "The increased volatility in the marketplace and the increase in the yield environment means there's…Siobhan HodsonAugust 10, 2023
Country Garden, China’s largest surviving developer, sinks into debt crisis Wall Street Journal Country Garden, China’s largest surviving developer, sinks into debt crisis Country Garden Holdings, a 31-year-old property developer that had been lauded by China's authorities as…Siobhan HodsonAugust 10, 2023
The curious case of SBB’s earnings double take Financial Times The curious case of SBB’s earnings double take Samhällsbyggnadsbolaget i Norden, the Swedish property company commanly referred to as SBB, has published second-quarter…Siobhan HodsonAugust 8, 2023
Country Garden misses bond payments as China property fears flare Reuters Country Garden misses bond payments as China property fears flare "The fact that (Country Garden) is struggling to address an interest payment, rather than a…Siobhan HodsonAugust 8, 2023
CreditSights sees PLDT on track to meet full-year guidance BusinessWorld CreditSights sees PLDT on track to meet full-year guidance PLDT Inc.'s earnings growth for this year is expected to be modest, likely in the…Siobhan HodsonAugust 8, 2023
Bankers craft workaround to refinance billions for riskiest borrowers Bloomberg Bankers craft workaround to refinance billions for riskiest borrowers "CLO managers investing in leveraged loans are generally happy to do Snooze Drag because they…Siobhan HodsonAugust 8, 2023
Fitch downgrades of munis tied to U.S. rating to have little impact on market Bond Buyer Fitch downgrades of munis tied to U.S. rating to have little impact on market Following Fitch Ratings' downgrade of the U.S. sovereign rating to AA-plus from AAA, the rating…Siobhan HodsonAugust 8, 2023