Our News

DAC to attend SmithNovak’s Global NPL Conference October 5-6
September 13, 2022

DAC Management LLC is very pleased be joining SmithNovak’s Global NPL Conference on October 5-6 in London as Chinese Investment Partner!  Phil Groves, Founder & President of DAC, will provide invaluable insights to a panel discussion on the Chinese Market, so this session is not to be missed!  DAC Management LLC and [...]

Feel-good factor helps to drive DAC Kowloon rugby forward, with men’s and women’s teams contenders at the top – SCMP
November 15, 2021

DAC Kowloon’s chances were not exactly written off at the start of the Dettol Hong Kong Men’s Premiership, but there are few who would have predicted just how far the club has come. Six games into the season and just a single point separates them from leaders Natixis Hong Kong Football [...]

The end of China’s runaway growth – SupChina
October 6, 2021

Decades of double-digit growth have produced five problems that Chinese leader Xi Jinping hopes to correct with his “New Development Concept.” Will it work? Two weeks ago, the concourse outside Evergrande’s glossy headquarters in Shenzhen was thronged by homebuyers, unpaid contractors, and investors chanting what has now become a slogan of [...]

China Intellectual Property Advisory (Video)
September 28, 2021

Comprehensive, high-quality China solutions. DAC Management & Quest IPR have assisted companies of all sizes and industries over the last two decades countless matters, including general and corporate trade disputes, debt and receivables collections, deep due diligence investigations, and anti-counterfeiting enforcement, among other intellectual property services. With offices in the [...]

Speed and Transparency Combat Product Fraud – Modern Counsel
January 7, 2021

Michael Gannon of 3M tells DAC Management's Phil Groves how the multinational has protected product integrity during the COVID-19 pandemic [...]

The Chinese NPL Market – Debt Business
November 6, 2020

At the Global Debt Business Summit, China NPL market will be a major focus, bringing together global investors and AMCs to discuss strategies, new developments and opportunities. The block will cover various means of NPL disposal including whole loan sales, key Issues to look out for, in-house and third party [...]

Former Scotland U-18s captain Euan McLaren ready to make his mark in Hong Kong rugby adventure – SCMP
September 25, 2020

The 21-year-old describes discovering rugby in Dubai, lack of game time for young Scots, and being confined to quarantine in Hong Kong ‘I’m just so excited to play for Kowloon,’ says McLaren after frustrating run of injuries Former Scotland U-18s captain Euan McLaren spent his first two weeks in Hong [...]

Global distressed-debt funds circle China again, eye $256 billion bad-loans market – Reuters
January 5, 2018

BEIJING (Reuters) - Global distressed-debt specialists are stepping up their dealmaking in China after a decade, betting that the country is becoming serious about developing a market to tackle its $256 billion of official non-performing loans (NPLs).... [...]

China Default-Watch Ranks Swell With $12 Billion Debt Coming Due – Bloomberg
June 9, 2015

China Datang Corp. and Baoding Tianwei Yingli New Energy Resources Co. are among Chinese companies showing signs of financial stress that face $12 billion of bond payments this year... [...]

PBOC Targets Bad Loans With Rate Cut as Property Slump Deepens – Bloomberg
November 21, 2014

The People’s Bank of China’s first benchmark interest rate cut since 2012 will aid the property market and shore up lenders, after the biggest jump in bad loans in nine years... [...]

Distressed Debt in China? Ain’t Seen Nothing, DAC Says – Bloomberg
November 19, 2014

Bad debts in China are well underestimated because authorities persist in propping up weak companies and bailing out local investors, according to DAC Management LLC... [...]

DAC Management Supports Lao National Team – Lao Rugby Federation
May 1, 2014

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... [...]

Back in Fashion: China’s Bad Debt – Wall Street Journal
February 10, 2013

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... [...]

JOYY goes public in the US: US investors ease their attitude – Sina Tech
October 20, 2012

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 [...]

Low lending standards provide NPL opportunities in China – AsianInvestor
July 12, 2010

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... [...]

Blind eye to billions in bad debts – South China Morning Post
March 8, 2010

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... [...]