npl

Investors submit more than $60 billion of orders as renewed appetite for China, attractive valuations and strong cornerstone support outweigh concerns about the distressed asset manager.

Cinda is looking to raise up to $3 billion from its Hong Kong listing and offers investors unique exposure to an entirely new part of China's financial sector.

China’s banking sector will have a higher non-performing loan ratio in coming years, but good profitability, strong liquidity and adequate capitalisation will enable the major lenders to absorb unexpected credit losses.

The ratings agency points to early warning signs that indicate asset quality is deteriorating.

But practitioners say the problem of conflicting authorities has not been resolved.

John Cahill, partner in the real estate group of international law firm, Paul, Hastings, Janofsky & Walker LLP, discusses new niche markets in China''s great NPL sell-off.

Howard Chao, managing partner at international law firm O''Melveny & Myers, discusses the latest twists and turns in China''s efforts to sell of its non-performing loans (NPLs).

Huarong AMC will launch its third international NPL auction in October, says official.

O''Melveny & Myers partners Howard Chao and Yi Zhang explain why Morgan Stanley''s purchase of NPLs from Huarong AMC represents a milestone in the reform of the Chinese banking system. The law firm represented the investment bank in the transaction.