Country Garden : Not a Nickel Play
Country Garden defaulted on its USD bonds on 18-October. Its COGARD complex was offered c.5 cents on the dollar but we cannot recommend buying...
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Onewo IPO Lock-Up - US$1bn+ Lockup Release, Parent Could Still Sell
Onewo (2602 HK) (OST) had raised around US$730m in its Hong Kong IPO in Sep 2022. Its one-year lockup is set to expire soon.
341 Views
Leapmotor IPO Lock-Up - US$3.3bn Lockup Expiry, Everyone in the Money, CCASS Movement to Boot
Leapmotor (9863 HK) (LM) raised around US$800m in its Hong Kong IPO. The stock was listed in Sep 2022, its lockup on pre-IPO investors will expire...
504 Views
China Property Developers In Distress - Weekly News & Announcements Tracker | 1-7 September 2023
A weekly curated selection of Chinese news articles and company announcements focused on developers in distress. Key points in summaries.
554 Views
Evergrande EV Unit Reports Vehicle Deliveries and Narrower Loss
The electric-vehicle unit of defaulted property developer China Evergrande Group reported that in the first half of 2023 it delivered 760 cars and...
426 Views