Debt

FinanceAsia's editors would like to thank the institutions that submitted almost 900 individual pitches for our Annual Achievement Awards across Asia, Australia and New Zealand.

Authorities’ willingness to accept defaults could be on the rise as economy emerges from Covid-19 shock, but systemic risks are unlikely, according to ratings agency.

Bank of Communications' new offshore issue follows updated guidelines from country’s regulator and could pave the way for similar issuance from other domestic banks.

While international harmonisation is making the market attractive for investors, Xi Jinping’s pledge to go carbon neutral by 2060 could continue to drive the country’s green bond issuance.

CEO Hahn notes hardening prices in both property and casualty businesses and says retained profits must improve before company, majority owned by Fosun group, considers an IPO.

Ratings agency Moody's reckons corporate bond defaults will increase into next year, while rival Fitch sees continued pressure on company ratings across the region.

J.P. Morgan Asset Management’s Jason Pang, meanwhile, said he prefers 3- to 5-year China notes amid risks posed by economic recovery.

Meanwhile, other event participants bemoan a peculiar market characteristic wherein companies choose short-cycle borrowings over long-term bonds even for long-term needs.

It’s hard to ignore Chinese property in high-yield space, AllianceBernstein’s Gibson says, while Lianhe's Stan Ho explains how local rating agencies are different.