Vedanta Resources PLC: Delisted Yet UpliftedVedanta Resources (VED LN) (Vedanta) was delisted from the London Stock Exchange (LSE) on 01-October-2018. This came on the back of Volca...
HNA Group: The Redemption TreatHna Group (HNAGRZ CH) announced on 6-November that it has repaid USD300m of principal in SANYPH 11/18s which matured on the same date. Th...
HNA Group: TRICK or TREATHNA Group Ltd. (HNAGRZ CH) (HNA)’s SANYPH 11/18s will mature on November 6 (next Tuesday) and we believe there is a likelihood that HNA w...
Asian Frontier Monitor: South Asia and OBOR - The Road Less TravelledBondcritic is embarking on a series of a thematic research pieces on China’s Belt and Road Initiative or One-Belt-One-Road (OBOR) to stud...
Bharti Airtel: Saved by AfricaBharti Airtel (BHARTI IN) (“Bharti”)’s management announced on 24-October that it would sell a minority stake in Airtel Africa Ltd. (AA),...
Agile Group: Growing Its Non-Property BusinessWe initiate our coverage on Agile Property Holdings (3383 HK) (“Agile”) with an overall NEUTRAL recommendation on the AGILE complex (incr...
Reliance Communications Ltd. :Too Few Steps ForwardReliance Communications (RCOM IN) has been granted a relief by the Telecom Disputes Settlement & Appellate Tribunal (TDSAT) on 1-October-...
Glenmark Pharmaceuticals: Attempt Out of GenericWe initiate our coverage on Glenmark Pharmaceuticals (GNP IN) (“Glenmark”)’s GNPIN 4.5% 8/21s (BB-/BB by S&P and Fitch, respectively) wit...
China Economics: RRR Cuts Proven IneffectiveOn 7 October 2018, the People’s Bank of China (PBOC) announced a Renminbi Reserve Requirement Ratio (RRR) cut of 100 bps, starting on 15-...
China Economics: The China-US Trade War EscalationThe China-US trade war has clearly escalated. We believe the trade war is on for a long haul and we are not alone. China is the one beari...
China Economics: The Shantytown MysteriesWe conducted a study to demystify the correlation between China’s shantytown renovation and real estate prices in the third-tier cities i...
Noble Group: Sighting the End of the Restructuring RoadWe continue our coverage on Noble Group Ltd (NOBL SP) (“Noble”) with our recommendations under continuing review on the NOBLSP complex gi...
China’s HNA Group slims down after asset sales but debt concerns remainHONG KONG – Though HNA Group Co. has managed to reduce one of China’s biggest debt piles by selling off dozens of assets, the embattled C...
Noble Group’s fate hangs on investors’ restructuring voteSingapore-listed Noble Group Ltd faces a make-or-break shareholders’ meeting tomorrow as investors vote on a $3.5bn debt restructuring pl...
HNA chairman tightens family's grip on groupHONG KONG • HNA Group chairman Chen Feng this month promoted two family members as key lieutenants, tightening his family's control over ...