Country Garden’s creditors approved a plan to extend the maturity on a $540 million onshore private bond.
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China Evergrande Group posted a combined loss of $81 billion in its long overdue earnings report late on Monday.
CreditSights maintained its “outperform” recommendation on Alibaba after it announced its overhaul plans, adding that the plans won’t have much of an impact on the company’s credit. “We see a…
Jesse Rosenthal, senior analyst and head of U.S. financials at CreditSights, joins ‘The Exchange’ to discuss Silicon Valley Bank’s unique insolvency risk, the contagion effect of SVB’s downfall and the…
Pramod Shenoi of CreditSights says “households are going to look very carefully at where they’re putting their money.”
While Beijing is taking the property sector crisis seriously, it is unlikely the Evergrande crisis will be resolved anytime soon and may never be resolved at all, CreditSights’ co-head of…
Following optimistic forecasts from Singapore’s lenders UOB and DBS, Yustina Quek from Creditsights expects the strong earnings to continue this year.
Zerlina Zeng of CreditSights says prospective property buyers in China are waiting for more details on the government’s property tax trials.
“Exports will still continue to be a very important growth driver for the Chinese economy in 2022,” Zerlina Zeng, a senior credit analyst at CreditSights, told CNBC on Wednesday.
Pramod Shenoi of CreditSights says Asia-Pacific banks are “well diversified,” and the company expects they will see mid- to high-single digit loan growth.