Ali Shah Rajani, Author at ׶Ƶ Know More. Risk Better.® Thu, 04 Mar 2021 01:54:22 +0000 en-US hourly 1 /wp-content/uploads/cropped-favicon-512x512-1-32x32.png Ali Shah Rajani, Author at ׶Ƶ 32 32 Local SOE/LGFV dollar bonds in Chongqing, Yunnan under selling pressure https://www.ifre.com/story/2762390/local-soelgfv-dollar-bonds-in-chongqing-yunnan-under-selling-pressure#new_tab Thu, 04 Mar 2021 01:54:22 +0000 http://know.creditsights.com/?p=3992 A default by Chongqing Energy, if confirmed, would not be a big surprise given the company’s weak credit profile and its rapidly declining importance to the government in recent years,...

The post appeared first on ׶Ƶ.

]]> A default by Chongqing Energy, if confirmed, would not be a big surprise given the company’s weak credit profile and its rapidly declining importance to the government in recent years, Zerlina Zeng, an analyst at research firm ׶Ƶ, said in a note.

The post appeared first on ׶Ƶ.

]]> Alibaba Sells $5 Billion of Bonds https://www.wsj.com/articles/alibaba-sells-5-billion-of-bonds-11612512624#new_tab Mon, 08 Feb 2021 01:45:14 +0000 http://know.creditsights.com/?p=3857 Joel Liauw, an analyst at ׶Ƶ, said the company was one of Asia’s strong borrowers, thanks to its high profitability, steady cash-flow generation and large cash pile. “Although we do...

The post appeared first on ׶Ƶ.

]]> Joel Liauw, an analyst at ׶Ƶ, said the company was one of Asia’s strong borrowers, thanks to its high profitability, steady cash-flow generation and large cash pile. “Although we do expect more headline risks stemming from the U.S.-China geopolitical tensions as well as the antitrust probe, Alibaba’s solid credit profile should provide some cushion against a short-to-medium term downturn,” Mr. Liauw said in an email.

The post appeared first on ׶Ƶ.

]]> Chinese Property Developers Have Huge Debts to Refinance https://www.wsj.com/articles/chinese-property-developers-have-huge-debts-to-refinance-11610793000#new_tab Mon, 18 Jan 2021 17:34:49 +0000 http://know.creditsights.com/?p=3659 The amount of orders placed for such deals showed many offshore investors are eager to participate, said Luther Chai, a credit analyst at ׶Ƶ in Singapore. Mr. Chai said some...

The post appeared first on ׶Ƶ.

]]> The amount of orders placed for such deals showed many offshore investors are eager to participate, said Luther Chai, a credit analyst at ׶Ƶ in Singapore. Mr. Chai said some weaker issues with single-B credit ratings—scores that place them firmly in the “junk” category—had been able to raise funds at cheaper rates than similar deals in the fourth quarter.

The post appeared first on ׶Ƶ.

]]> Indian Banks to See Jump in Non-Performing Loans: ׶Ƶ https://www.bloomberg.com/news/videos/2020-11-27/indian-banks-to-see-jump-in-npls-again-creditsights-video#new_tab Fri, 27 Nov 2020 08:00:55 +0000 http://know.creditsights.com/?p=3496 Pramod Shenoi, head of Asia Pacific financials research at ׶Ƶ, discusses the outlook for Indian banks, the economy and policies. Indian lenders are making fresh loans at the slowest pace...

The post appeared first on ׶Ƶ.

]]> Pramod Shenoi, head of Asia Pacific financials research at ׶Ƶ, discusses the outlook for Indian banks, the economy and policies. Indian lenders are making fresh loans at the slowest pace in at least three years as the coronavirus outbreak damps demand. Shenoi speaks with Rishaad Salamat and Juliette Saly on “Bloomberg Markets: Asia.”

The post appeared first on ׶Ƶ.

]]> Chinese banks face these risks ahead going into 2021: ׶Ƶ https://www.cnbc.com/video/2020/10/30/chinese-banks-face-these-risks-ahead-going-into-2021-creditsights.html Fri, 30 Oct 2020 09:44:39 +0000 http://know.creditsights.com/?p=3085 Jason Tan of ׶Ƶ discusses factors such as non-performing loans and the possibility of lopsided consumption growth in China that could affect banks across the country.

The post appeared first on ׶Ƶ.

]]> Jason Tan of ׶Ƶ discusses factors such as non-performing loans and the possibility of lopsided consumption growth in China that could affect banks across the country.

The post appeared first on ׶Ƶ.

]]> China Evergrande’s 30 per cent discounts get world’s most indebted developer within sight of sales goal, allay cash crunch fears https://www.scmp.com/business/commodities/article/3104874/china-evergrandes-30-cent-discounts-get-worlds-most-indebted Mon, 12 Oct 2020 07:05:16 +0000 http://know.creditsights.com/?p=2870 “The strong sales in September and October, if coupled with a healthy cash collection rate, will help the company generate the cash required to alleviate its tight liquidity position and...

The post appeared first on ׶Ƶ.

]]>

“The strong sales in September and October, if coupled with a healthy cash collection rate, will help the company generate the cash required to alleviate its tight liquidity position and address other upcoming debt obligations,” said Luther Chai, analyst with Singapore-based debt-research firm ׶Ƶ.

The post appeared first on ׶Ƶ.

]]> Japan regional bank mergers should and will happen: ׶Ƶ https://www.cnbc.com/video/2020/10/07/japan-regional-bank-mergers-should-and-will-happen-creditsights.html Wed, 07 Oct 2020 06:39:03 +0000 http://know.creditsights.com/?p=2809 Pramod Shenoi from ׶Ƶ says mergers among the regional banks in Japan are overdue due to cost pressure. He doesn’t expect bigger banks acquiring small players as they would likely...

The post appeared first on ׶Ƶ.

]]> Pramod Shenoi from ׶Ƶ says mergers among the regional banks in Japan are overdue due to cost pressure. He doesn’t expect bigger banks acquiring small players as they would likely steer clear of additional credit risk from SME loans.

The post appeared first on ׶Ƶ.

]]> China Evergrande Quells Cash-Crunch Worries With Investor Show of Support https://www.wsj.com/articles/china-evergrande-quells-cash-crunch-worries-with-investor-show-of-support-11601464453?mod=searchresults&page=1&pos=1 Mon, 05 Oct 2020 01:39:14 +0000 http://know.creditsights.com/?p=2803 For Evergrande bondholders, “this is the most important development we’ve seen so far,” said Luther Chai, an analyst at ׶Ƶ in Singapore. He expects prices of the company’s bonds to...

The post appeared first on ׶Ƶ.

]]> For Evergrande bondholders, “this is the most important development we’ve seen so far,” said Luther Chai, an analyst at ׶Ƶ in Singapore. He expects prices of the company’s bonds to recover significantly.

The post appeared first on ׶Ƶ.

]]> Property Developer China Evergrande Erases Market Losses https://www.wsj.com/articles/property-developer-china-evergrande-erases-market-losses-11601291745?reflink=e2twmkts Tue, 29 Sep 2020 02:37:12 +0000 http://know.creditsights.com/?p=2767 On Monday, several analysts said the market had overreacted last week. “It is fear, not credit fundamentals, that is driving the depressed bond prices of Evergrande,” analysts from ׶Ƶ said...

The post appeared first on ׶Ƶ.

]]> On Monday, several analysts said the market had overreacted last week. “It is fear, not credit fundamentals, that is driving the depressed bond prices of Evergrande,” analysts from ׶Ƶ said in a research note, adding that some investors have started to “bottom fish.” The analysts recommended a “speculative buy” on Evergrande bonds that fell to as low as 72 cents on the dollar.

The post appeared first on ׶Ƶ.

]]> China’s Greatest Bank Falls Quick in Bid to Replenish Capital https://fintechzoom.com/fintech_news_banking/chinas-biggest-bank-falls-short-in-bid-to-replenish-capital/ Thu, 17 Sep 2020 16:01:31 +0000 http://know.creditsights.com/?p=2738 The Further Tier 1 bonds priced at a yield of 3.58%, which was just under what rival Bank of China issued debt at earlier this year, in accordance with Pramod...

The post appeared first on ׶Ƶ.

]]> The Further Tier 1 bonds priced at a yield of 3.58%, which was just under what rival Bank of China issued debt at earlier this year, in accordance with Pramod Shenoi, head of APAC analysis at Creditsights. “Achieving a tighter coupon may have been more important for the issuer,” Shenoi stated. “We’ve seen that investors have had less cash to put to use more recently — they have allocated their cash and cash levels are low — so overall supply would have used up their cash.”

The post appeared first on ׶Ƶ.

]]>