Rising defaults by Chinese State-Owned-Enterprises (SOEs) raised concerns over whether local governments will stop bailing out the Local Government Financing Vehicles (LGFVs). What are the differences between LGFVs and SOEs? How does one assess the likelihood of government support for LGFVs? What is the outlook for the LGFV sector and the opportunities and risks involved?
Please join CreditSights in this webinar with our Chinese Corporates Senior Analyst, Zerlina Zeng who will share her thoughts on these issues and introduce our LGFV assessment framework.
Zerlina is a senior analyst with the Asia Pacific corporate team. Her current research coverage focuses on Chinese local governments and their financing vehicles.
Prior to joining CreditSights, Zerlina headed IHS Markit’s credit risk assessment product in Asia Pacific, including research coverage and business development. She has also worked as a senior analyst with S&P Ratings in Hong Kong, covering local & regional governments.