Foreign funds “smell money” in China’s NPL market

Vikas Arora is returning to the country with the German lender to replace Dino Siason.

Deutsche Bank is the latest firm to join Loco Singapore, Singapore’s over-the-counter gold clearing system, which will be ready by the end of 2026, with interbank trading being developed next year.

The former Deutsche Bank executive joins in Hong Kong as Apac head of healthcare and real estate.

Lai Xiaomin, chairman of China Huarong Asset Management, says China’s expanded debt-for-equity swap programme is bound for success, subject to some regulatory tweaks.

Beijing's rescue of the collapsed Baoshang Bank has led some investors to seek out bond investments, relying on the implicit desire of the government to prevent a credit crisis.

Stricter credit requirements, the Sino-US trade war and defaults are creating a bonanza of Chinese non-performing loans for foreign investors.