fitch | FinanceAsia

Chinese Banks: Improved Operating Environment, Credit Positive

Fitch Ratings revised upward the assessment for China’s bank operating environment in May 2021, to ‘bbb-’/positive from ‘bb+’/stable. Grace Wu from Fitch’s Greater China Banks team discusses how an improved operating environment has a positive impact on banks’ standalone credit profiles.

By Fitch Ratings

China emissions trading scheme’s impact seen growing over time

Entities with excess emissions to be required to buy allowances in open market under scheme, whose operational phase began on Feb. 1, with power sector operators covered initially.

February 10, 2021

Government support gives China green bonds a boost

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.

November 09, 2020

Chinese corporate bond defaults seen rising into 2021

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.

October 28, 2020

The hunt for yield: how low interest rates are boosting convertible bond issuance

The description of China’s convertible bond market as a bubble might be overblown, but investors should take care as they look at companies further down the ratings scale.

July 07, 2020

Are Virgin Australia’s bonds headed for a crash landing?

The government has committed millions to helping save both Qantas and Virgin Australia, although the CEO of the former has publicly stated the later doesn’t deserve it. How much Virgin ends up receiving could have a significant impact on its corporate bond holders.

April 01, 2020

Exclusive: Philippines' treasurer on how the country is inching towards the A-grade rating

The country's national treasurer explains the government's action plan to facilitate a sovereign rating upgrade to the coveted A status. Prioritising domestic debt fundraising over international and expanding its product mix to include sukuks and green bonds are part of the answer.

February 21, 2020

Political concerns and refinancing risks

Respondents to FinanceAsia’s inaugural Asia Credit Market Outlook for 2020, in partnership with Fitch Ratings, are cautious about what the future brings.

By Fitch Ratings

Tunghsu: China's high-yield chickens coming home to roost

Investors roasted through another default from the industrials sector, as the spotlight falls back on the domestic audit industry.

November 21, 2019