Articles from Caixin Global, Caixin Global

Caixin Global

Articles from Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

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Cross Asset Strategy

<ul><li>In Depth: How ‘Paper Wealth’ Masks Risks for Chinese Insurers</li><li>When state-owned Dajia Insurance Group Co. Ltd. spent billions of yuan earlier this year buying into Industrial Bank the deal seemed unremarkable at first glance</li><li>With the global manufacturing landscape undergoing seismic shifts, both China and India’s factory sectors are changing fast.</li></ul>

In Depth: How ‘Paper Wealth’ Masks Risks for Chinese InsurersWhen state-owned Dajia Insurance Group Co. Ltd. spent billions of yuan earlier this year buying into Industrial Bank the deal seemed unremarkable at first glanceWith the global manufacturing landscape undergoing seismic shifts, both China and India’s factory sectors are changing fast.

CX Daily: How ‘Paper Wealth’ Masks Risks for Chinese Insurers 

<ul><li>Rebooting / Cover Story: Shanghai’s rocky road to rebooting.</li><li>Covid-19 / Beijing starts mass Covid testing as it imposes lockdowns.</li><li>Corruption / Graft probes ensnare college buddies who were top bankers.</li></ul>

Rebooting / Cover Story: Shanghai’s rocky road to rebooting.Covid-19 / Beijing starts mass Covid testing as it imposes lockdowns.Corruption / Graft probes ensnare college buddies who were top bankers.

CX Daily: Shanghai’s Rocky Road to Rebooting

Equity Bottom-Up

<ul><li>Money-losing Chinese appliances retailer Gome Retail Holdings Ltd. is struggling to pay staff and is planning to restructure its debt as its short-term borrowings pile up</li><li>A number of Gome employees said they weren’t paid their salaries last month and that the company has delayed paying out first-half bonuses</li><li>Gome still hopes to maintain its business operations during the National Day holiday so that it can pay staff after generating operating cash flow</li></ul>

Money-losing Chinese appliances retailer Gome Retail Holdings Ltd. is struggling to pay staff and is planning to restructure its debt as its short-term borrowings pile upA number of Gome employees said they weren’t paid their salaries last month and that the company has delayed paying out first-half bonusesGome still hopes to maintain its business operations during the National Day holiday so that it can pay staff after generating operating cash flow

Cash-Strapped Retailer Gome Struggles to Pay Staff, Plans Debt Restructuring

Bond market data and technology, BondEvalue

BondEvalue

Bond market data and technology

BondEvalue is a Singapore-based Fintech that specializes in bond market data and technology. The company's information services business offers bond market data on hard-currency corporate & sovereign bonds across Asia, Middle East, Europe and the Americas. The data, which includes bond prices, yields, news and analytics, is offered to end investors via interactive Mobile and Web Apps. Investors can sign up for a free trial of the service either via the company's website (https://bondevalue.com) or by downloading the BondEvalue Mobile App (http://onelink.to/wej7jq). BondEvalue is also developing an electronic bond exchange, BondbloX in Singapore that allows investors to trade bonds electronically in smaller sizes (US$1,000 or equivalent). For more information, visit https://www.bondblox.com/

Bond Market Data and Technology

Credit

US markets inched up ahead of the weekly unemployment report and May payrolls data. Both S&amp;P and Nasdaq were up 0.1%. The energy sector was up 1.7% followed by real estate, which was up 1.4%. US 10Y Treasury yields were tighter by 2bp at 1.59% and continued to trade in a tight range of 1.55-1.64%. European markets also moved up to near record highs with energy and consumer stocks leading. CAC closed higher by 0.5%, FTSE 0.4% and DAX 0.2%. US IG CDS spreads were flat and HY spreads were 1bp tighter. EU main spreads were 0.1bp tighter and crossover spreads tightened 1.4bp. Asian equities are off to a mixed start with Nikkei and Shanghai up 0.4%, and 0.1% and Hang Seng down 0.3% with Asia ex-Japan CDS spreads widening 0.2bp.

6 New $ Deals Incl. Industrial Bank; Macro; Rating Changes; New Issues; ; Talking Heads; Top Gain...

China

Industrial Bank Co.,Ltd. provides banking services. The Company offers deposits, loans, fund management, foreign currency management, and other services. Industrial Bank provides its services to individuals, enterprises, and other clients.

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Industrial Bank Co Ltd A (601166 CH)

CX Daily: How ‘Paper Wealth’ Masks Risks for Chinese Insurers

In Depth: How ‘Paper Wealth’ Masks Risks for Chinese Insurers When state-owned Dajia Insurance Group Co. Ltd. spent billions of yuan...

Caixin Global

CX Daily: Shanghai’s Rocky Road to Rebooting

Rebooting / Cover Story: Shanghai’s rocky road to rebooting. Covid-19 / Beijing starts mass Covid testing as it imposes lockdowns.

Caixin Global

Cash-Strapped Retailer Gome Struggles to Pay Staff, Plans Debt Restructuring

Money-losing Chinese appliances retailer Gome Retail Holdings Ltd. is struggling to pay staff and is planning to restructure its debt as its short...

Caixin Global

6 New $ Deals Incl. Industrial Bank; Macro; Rating Changes; New Issues; ; Talking Heads; Top Gain...

US markets inched up ahead of the weekly unemployment report and May payrolls data. Both S&P and Nasdaq were up 0.1%. The energy sector was up...

BondEvalue

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