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2 stories
🇨🇳 South China Morning Post
World

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.

Jan 13 • 00:30 UTC
🇨🇳 South China Morning Post
World

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.

Jan 7 • 23:30 UTC

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