Expect no ‘systemic shock’ from Chinese developer Vanke’s ‘technical default’: HSBC
HSBC reports that the potential technical default of Chinese property developer Vanke is unlikely to trigger widespread financial contagion or systemic risk.
China Vanke offshore bondholders face near wipeout in Barclays worst-case scenario
China Vanke's offshore bondholders may experience significant losses, with Barclays predicting potential recoveries of less than 1% under worst-case conditions due to uncertainties in asset access and restructuring priorities.