China Vanke Placement - A Placement Was Expected, Unclear if It Was This One
China Vanke aims to raise around US$500m in its H-share primary placement. In this note, we will talk about the placement and run the deal through...
China Evergrande Group – Kaisa Rolled
EVERGRANDE: Kaisa missed a bond payment, and has the second largest level of short-term debt due. We await official word Evergrande’s Scenery...
China Evergrande Group – China’s Wrecking Ball
EVERGRANDE: Evergrande magically made an interest payment to bondholders, escaping default by the skin of its teeth. This self-inflicted wound...
Anjuke Pre-IPO - Mixed (Positive and Negative) Developments
Anjuke, a real estate information and transaction service provider, is looking to raise around US$1bn in its Hong Kong listing. The company is a...
New Stamp Duty Negative on Transaction Volume in the NearTerm
The Hong Kong government announced a new ad valorem stamp duty, or AVD, late on Nov. 4. Effective Nov. 5, except for first-time homebuyers who are...
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