Xu Xueming via Caixin | Private enterprises have recently faced liquidity problems, resulting from refinancing issues and the pledged-share crisis. For some of them, the reason lies in difficulties in their own operations. How do we solve the problems of private enterprises’ rising nonperforming loans, bond defaults and refinancing difficulties, and also manage the risk of forced sales of stocks pledged as collateral by controlling shareholders?
Wu Xiaomeng and Leng Cheng via Caixin | Sales of investment products that involve bank staff and take place in banks premises must be recorded both visually and audibly, the China Banking Regulatory Commission (CBRC) said Wednesday.
Huo Kan and Wu Hongyuran via Caixin | China’s banks are successfully managing 1.92 trillion yuan worth of non-performing loans, but tomorrow could bring a flood of bad debt.