The PBOC will channel CNY 80 billion of loans through the bad debt managers, who are asked to match the amount with their own funds.
January 18, 2023Regulators are reportedly planning to ease borrowing caps on some property firms and extend the deadline for meeting debt targets set by the “three red lines” policy.
January 9, 2023Chinese offshore dollar bonds have ended 14 months of losses. China's banks have vowed to extend at least USD 179 billion of financing help to developers.
December 16, 2022The banks are asked to provide offshore loans to developers so they can repay their offshore loans and dollar bonds.
December 5, 2022The CSRC is allowing listed developers to conduct equity financing, mergers and acquisitions, corporate restructurings, private share placements, and overseas fundraising.
December 2, 2022The latest measures are being somewhat overshadowed by a new round of Covid-related lockdowns and protests in several Chinese cities.
November 28, 2022The draft rules strengthen obligations for bond intermediaries to improve their due diligence practices and serve as gatekeepers.
November 22, 2022The new measures are being hailed as a "turning point" for the property sector, which accounts for a quarter of China's economy.
November 15, 2022The "very detailed" assessment is aimed at measuring the risks to the financial system from the ongoing crisis in the property sector.
August 22, 2022State-owned China Bond Insurance will give unconditional and irrevocable joint liability guarantees for batches of bond sales in the interbank market.
August 17, 2022