Press "Enter" to skip to content

CHECK THE WIRE FOR LIVE UPDATES

UPDATED: China’s debt woes continue after surprise defaults by high-profile state-owned firms roiled bond market

China's debt woes are continuing this week after a series of surprise bond defaults by high-profile state-owned firms has knocked investors’ confidence and roiled China's credit bond market.

Brilliance Automotive Holdings, the Chinese joint venture partner of BMW, said in a filing that its parent Huachen Automotive Group may undergo restructuring after a creditor filed an application to a Chinese court.

Huachen, owned by the government of northeastern China's Liaoning . . .

To continue reading, please subscribe. You will get

 

    • THE  WIRE  - An Unrivalled Real-Time Platform providing up-to-the-minute updates of market-moving news and views utilizing a network of journalists, traders, brokers, analysts, etc. Here are some screenshots of the wire updates.
    • IN-DEPTH & DATA-DRIVEN reporting on China's economy, policy and financial markets.
    • DETAILS - We bring you important details that you won't find elsewhere.
    • WEEKLY NEWSLETTER with Editors' Picks

GRAB OUR CHRISTMAS OFFER. Starting from $9.9 !

FREE TRIAL cancel anytime

Already have an account? Sign In

 

 

Top