Unpaid debts, fleeing directors leave Sino-Ocean Group in dire straits
The heavily-indebted developer is betting its life on future property sales after halting repayment of its offshore debt Key Takeaways: Sino-Ocean Group's interim loss this year ballooned to nearly 18.4…
3377.HK
CHINA BULLETIN: Six New BRICS
In this week’s issue six new BRICS, a booming summer box office and an EV swansong. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.
CHINA BULLETIN: Central Bank Scramble
In this week’s issue surprise interest rate cuts, vanishing youth unemployment and Tyson scurries out of China. On a scale of 1 to 100, we give the week a 35…
Country Garden deconstructed by slumping sales, heavy debt
The leading property developer failed to make a $22.5 million interest payment on two bonds last week, raising concerns about potential defaults Key Takeaways: Country Garden warned it expects to…
2007.HK
6098.HK
CHINA BULLETIN: Next Stop, Deflation
In this week’s issue China slips into deflation, Chinese tour groups return to U.S. and a major property developer defaults. On a scale of 1 to 100, we give the…
