Platinum Sponsor DAC Management will once again sponsor the Lao Men’s National 15s Team in their upcoming Asian 5 Nations Division 3 East competition to be held in Vientiane, Laos. Laos will be hosting China, Guam, and Indonesia in central Vientiane on 29 and 31 May…
Category Archives: DAC News Articles
BEIJING—Foreign and domestic investors are preparing to pounce on bad debts held by Chinese banks—a potentially lucrative but risky area that has disappointed investors in the past…
Lead: Foreign media published an article on Friday saying that social media platform YY is more likely to be the first Chinese company to go public in the US in the past 7 months. Over the past period, Chinese companies listed in the United States have encountered a lot of questions about transparency, growth rates, and corporate governance…
China has a cycle all of its own, commented panellists at the AsianInvestor and FinanceAsia Asia-Pacific Debt Investor Forum in Hong Kong last week…
Taiyuan is only a few hundred kilometres south of bustling, modern Beijing, but could be a world away. Decaying grey and brown buildings and yellow-brown wheat fields dominate the Shanxi capital’s landscape. From the air, the city resembles a mouthful of rotting teeth…
A Hong Kong hedge fund, betting that last year’s bank lending spree on the mainland will result in thousands of businesses failing to repay loans, is raising US$500 million to snap up China’s corporate carrion cheap…
HONG KONG/MELBOURNE (Reuters) – Asia-Pacific sovereign wealth funds (SWFs), which have made some disastrous bets on western financial companies, are now diversifying into the riskier arena of distressed asset investments…
Three key questions arise from the recent sale of stakes in Chinese banks by their global counterparts, two of them widely asked, one not. Observers are wondering what the impact will be on global banks’ relations with China, and what will happen when the lock-ups on foreign bank stakes in ICBC expire in April. Rather fewer are asking if, irrespective of the global lenders’ capital positions, this is anyway a good time to be bailing out of Chinese banks…
December 31 was significant for China’s financial industry.
This was the day when the first wave of bad loans from the
Big Four state banks US$170 billion taken off their books in
1999 was supposed to be cleared…
During the past two decades, investors have been following the global trail of nonperforming loans from one economy to another…