credit growth

Despite an expensive valuation, Far East Horizon's offering attracts strong demand and bankers hope the deal will mark a turning point for Hong Kong’s quiet IPO market.

Beijing's efforts to increase borrowing costs make Chinese companies turn to equity markets for financing, a survey has found.

After previous quotas have been ignored by banks, China may not announce an official target for credit growth this year, economists say.

However, China will have to stomach higher structural inflation in the next few years as the nation gets wealthier and wages increase at a double-digit rate, the brokerage firm argues.

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.

Charlene Chu, Beijing-based senior director for financial institutions at Fitch Ratings, talks to FinanceAsia about the risks presented when loans are repackaged into wealth management products.

Railways are a safe bet and sources say all of China's major banks are competing to get involved.

The sale will bring the total amount of money sought by the country's four biggest publicly traded banks this year to approximately $26.6 billion.

The country’s fifth-largest lender offers its shares at an average discount of 44.4% to the theoretical ex-rights price of its A- and H-shares.