Free Trial

Sixty-eight Chinese companies...........>

CHINA PRESS
CHINA PRESS: Sixty-eight Chinese companies defaulted on 176 bonds in 2019
totalling a record of RMB101 billion, according to the 21st Century Business
Herald. Citing Zhang Xu, an analyst with Everbright Securities, the Herald's
report says that since the central bank seized Baoshang Bank this summer, the
market has been concerned by bonds issued by financing platforms operated by
local governments. The issuance of 369 bonds has been postponed this year, the
newspaper said. 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.