Defaults on onshore loans by mainland Chinese companies have triggered alarm among investors, igniting concerns that heightened risk aversion by creditors could affect the outlook for Chinese devel
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Hong Kong & China
China developers face tough sell raising funds as recent defaults send chill through corporate bond market
Defaults on onshore loans by mainland Chinese companies have triggered alarm among investors, igniting concerns that heightened risk aversion by creditors could affect the outlook for Chinese developers, who accounted for the lion’s share of local debt issuance last year.
International
Brexit uncertainty an opportunity for overseas investors
Property investments in London are likely to attract more Hong Kong buyers as Britain decides whether to stay in the European union.
The UK’s potential exit – termed Brexit – from the European Union has driven sterling to lows not seen since the financial crisis of 2008.