CHINA BULLETIN: Services, Trade Send Positive Signals
In this week’s issue positive trade signals, a major EV IPO and more sagging home sales. On a scale of 1 to 100, we give the week a 65 for…
PODCAST: Ping An Trust Misses a Payment, and SAIC Sells Down Its India Venture
Ping An Trust has missed a $100 million payment on a wealth management product tied to Zhenro, a property developer. Does this show the woes afflicting China's trust industry are creeping up the food chain to top-tier names like Ping An? And leading automaker SAIC has sold 51% of its India venture to local partners for $624 million. Is this purely a commercial move, or is it also motivated by concerns about recent China-India tensions?
E-House in rebuilding mode with latest plan to repay defaulted debt
The real estate services provider wants to raise money through a new share sale as part of a complex plan to restructure its defaulted bonds Key Takeaways: E-House is working…
Small developers suffer quietly in shadows of Evergrande, Country Garden
Tanking shares and missed debt payments for smaller, privately owned names like Yuzhou, Times China and Aoyuan are a lesser-known story in China’s stressed-out real estate sector Key Takeaways: Shares…
CHINA BULLETIN: Mixed Messages in July PMI
In this week’s issue mixed PMI messages, a new data regulator and a coffee rebound. On a scale of 1 to 100, we give the week a 55 for offshore-listed China stocks.
FAST NEWS: Tat Hong swings to the red on project delays
The latest: Construction equipment maker Tat Hong Equipment Service Co. Ltd. (2153.HK) warned on Wednesday it expects to report a net loss of 35 million yuan ($4.9 million) to 45…
CHINA BULLETIN: Long live the private sector!
In this week’s issue China’s private sector gets a major new booster, and TikTok and battery makers get warnings. On a scale of 1 to 10, we give the week a 5 for offshore-listed China stocks.