Jiayuan International IPO - Private Real Estate Is 2x the Size of Business Being Listed
Jiayuan International (Jiayuan) plans to raise US$85-145m through an issuance of primary shares in its IPO. The company offers no unique exposure...
269 Views
It Is All Playing Out with China's Banks
The NPL crisis is upon us in China. It’s playing out even if it appears slow.Some of the first movers to show NPLs provide a guide as to what to...
233 Views
Asia Calling: China's Great Rebalancing - Why the Consensus Is Wrong
Falling Chinese asset markets have resulted in growing fears that China's economy is in a 'hard landing' Policymaker actions may have exacerbated...
1.6k Views
Beware of NPL Coverage Trends Across Asia
Do not be lulled by a false sense of security with high NPL coverage. The figures can decline quickly and China is the quintessential example....
241 Views
Momentum has been too strong to ignore, though fundamentals don't warrant buying
Evergrande plans to raise ~US$600m through a top-up placement. Fundamentally we would be inclined to avoid the deal given the stock has more than...
267 Views